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$425,962$404,999
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$2,130$0
Note rate3.110%7.400%
Blended rate3.110%7.640%
1st payment$2,026.63$2,804.13
2nd payment$0.00$0.00
Taxes / mo$624.33$624.33
Insurance / mo$150.00$150.00
MI / mo$0.00$81.00
HOA / mo$445.00$445.00
Total monthly$3,245.97$4,104.47
Cash to close$24,037$45,000