Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$373,926$360,000
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$1,870$0
Note rate6.770%7.400%
Blended rate6.770%7.640%
1st payment$2,463.22$2,492.57
2nd payment$0.00$0.00
Taxes / mo$341.17$341.17
Insurance / mo$150.00$150.00
MI / mo$0.00$72.00
HOA / mo$0.00$0.00
Total monthly$2,954.39$3,055.73
Cash to close$26,074$40,000