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$443,957$440,100
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$2,220$0
Note rate6.490%7.400%
Blended rate6.490%7.640%
1st payment$2,866.60$3,047.16
2nd payment$0.00$0.00
Taxes / mo$361.42$361.42
Insurance / mo$166.67$166.67
MI / mo$0.00$88.02
HOA / mo$22.50$22.50
Total monthly$3,417.19$3,685.77
Cash to close$45,043$48,900