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$387,788$333,000
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$1,939$0
Note rate3.110%7.400%
Blended rate3.110%7.640%
1st payment$1,845.01$2,305.62
2nd payment$0.00$0.00
Taxes / mo$237.92$237.92
Insurance / mo$150.00$150.00
MI / mo$0.00$66.60
HOA / mo$0.00$0.00
Total monthly$2,232.93$2,760.14
Cash to close$0$37,000