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$418,699$396,000
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$2,093$0
Note rate6.710%7.400%
Blended rate6.710%7.640%
1st payment$2,804.27$2,741.82
2nd payment$0.00$0.00
Taxes / mo$303.58$303.58
Insurance / mo$150.00$150.00
MI / mo$0.00$79.20
HOA / mo$42.00$42.00
Total monthly$3,299.85$3,316.61
Cash to close$21,301$44,000