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$517,950$479,250
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,590$0
Note rate6.090%7.400%
Blended rate6.090%7.640%
1st payment$3,215.49$3,318.23
2nd payment$0.00$0.00
Taxes / mo$195.67$195.67
Insurance / mo$166.67$166.67
MI / mo$0.00$95.85
HOA / mo$0.00$0.00
Total monthly$3,577.83$3,776.41
Cash to close$14,550$53,250