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$524,668$512,910
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$2,623$0
Note rate6.780%7.400%
Blended rate6.780%7.640%
1st payment$3,476.27$3,551.29
2nd payment$0.00$0.00
Taxes / mo$474.92$474.92
Insurance / mo$166.67$166.67
MI / mo$0.00$102.58
HOA / mo$0.00$0.00
Total monthly$4,117.85$4,295.45
Cash to close$45,232$56,990