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$456,123$440,910
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$2,281$0
Note rate6.790%7.400%
Blended rate6.790%7.640%
1st payment$3,025.10$3,052.77
2nd payment$0.00$0.00
Taxes / mo$553.67$553.67
Insurance / mo$166.67$166.67
MI / mo$0.00$88.18
HOA / mo$160.00$160.00
Total monthly$3,905.43$4,021.29
Cash to close$33,777$48,990