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$436,821$427,500
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$2,184$0
Note rate4.170%7.400%
Blended rate4.170%7.640%
1st payment$2,312.34$2,959.92
2nd payment$0.00$0.00
Taxes / mo$372.58$372.58
Insurance / mo$166.67$166.67
MI / mo$0.00$85.50
HOA / mo$63.00$63.00
Total monthly$2,914.59$3,647.67
Cash to close$38,179$47,500