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$561,481$539,100
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$2,807$0
Note rate5.550%7.400%
Blended rate5.550%7.640%
1st payment$3,408.39$3,732.62
2nd payment$0.00$0.00
Taxes / mo$499.17$499.17
Insurance / mo$166.67$166.67
MI / mo$0.00$107.82
HOA / mo$168.00$168.00
Total monthly$4,242.22$4,674.27
Cash to close$37,519$59,900