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$318,909$321,300
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$1,595$0
Note rate6.150%7.400%
Blended rate6.150%7.640%
1st payment$2,034.86$2,224.62
2nd payment$0.00$0.00
Taxes / mo$330.33$330.33
Insurance / mo$150.00$150.00
MI / mo$0.00$64.26
HOA / mo$378.00$378.00
Total monthly$2,893.19$3,147.21
Cash to close$38,091$35,700