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$350,753$333,900
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$1,754$0
Note rate6.580%7.400%
Blended rate6.580%7.640%
1st payment$2,338.75$2,311.86
2nd payment$0.00$0.00
Taxes / mo$437.00$437.00
Insurance / mo$150.00$150.00
MI / mo$0.00$66.78
HOA / mo$0.00$0.00
Total monthly$2,925.75$2,965.64
Cash to close$20,247$37,100