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$0$19,800
Remaining term (yrs)24.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.500%7.400%
Blended rate3.500%7.640%
1st payment$0.00$137.09
2nd payment$0.00$0.00
Taxes / mo$9.67$9.67
Insurance / mo$150.00$150.00
MI / mo$0.00$3.96
HOA / mo$0.00$0.00
Total monthly$159.67$300.72
Cash to close$22,000$2,200