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$235,073$207,000
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$1,175$0
Note rate3.220%7.400%
Blended rate3.220%7.640%
1st payment$1,127.26$1,433.23
2nd payment$0.00$0.00
Taxes / mo$63.42$63.42
Insurance / mo$150.00$150.00
MI / mo$0.00$41.40
HOA / mo$90.00$90.00
Total monthly$1,430.68$1,778.04
Cash to close$0$23,000