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$373,502$341,910
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$1,868$0
Note rate6.390%7.400%
Blended rate6.390%7.640%
1st payment$2,433.73$2,367.32
2nd payment$0.00$0.00
Taxes / mo$753.86$753.86
Insurance / mo$150.00$150.00
MI / mo$0.00$68.38
HOA / mo$15.92$15.92
Total monthly$3,353.51$3,355.48
Cash to close$6,398$37,990