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$599,612$449,910
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$2,998$0
Note rate3.210%7.400%
Blended rate3.210%7.640%
1st payment$2,872.18$3,115.09
2nd payment$0.00$0.00
Taxes / mo$450.00$450.00
Insurance / mo$166.67$166.67
MI / mo$0.00$89.98
HOA / mo$83.33$83.33
Total monthly$3,572.18$3,905.06
Cash to close$0$49,990