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$543,481$531,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$2,717$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$3,505.45$3,676.54
2nd payment$0.00$0.00
Taxes / mo$227.33$227.33
Insurance / mo$166.67$166.67
MI / mo$0.00$106.20
HOA / mo$18.67$18.67
Total monthly$3,918.12$4,195.41
Cash to close$46,519$59,000