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$569,647$548,910
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$2,848$0
Note rate6.740%7.400%
Blended rate6.740%7.640%
1st payment$3,789.76$3,800.54
2nd payment$0.00$0.00
Taxes / mo$224.50$224.50
Insurance / mo$166.67$166.67
MI / mo$0.00$109.78
HOA / mo$22.92$22.92
Total monthly$4,203.85$4,324.41
Cash to close$40,253$60,990