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$358,557$323,910
Remaining term (yrs)29.530.0
Secondary amount$0$0
Funding fee$1,793$0
Note rate6.380%7.400%
Blended rate6.380%7.640%
1st payment$2,246.48$2,242.69
2nd payment$0.00$0.00
Taxes / mo$105.58$105.58
Insurance / mo$150.00$150.00
MI / mo$0.00$64.78
HOA / mo$0.00$0.00
Total monthly$2,502.07$2,563.05
Cash to close$1,343$35,990