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$313,393$292,500
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$1,567$0
Note rate6.640%7.400%
Blended rate6.640%7.640%
1st payment$2,066.82$2,025.21
2nd payment$0.00$0.00
Taxes / mo$407.92$407.92
Insurance / mo$150.00$150.00
MI / mo$0.00$58.50
HOA / mo$0.00$0.00
Total monthly$2,624.74$2,641.63
Cash to close$11,607$32,500