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$401,529$369,000
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$2,008$0
Note rate5.270%7.400%
Blended rate5.270%7.640%
1st payment$2,373.52$2,554.88
2nd payment$0.00$0.00
Taxes / mo$874.75$874.75
Insurance / mo$150.00$150.00
MI / mo$0.00$73.80
HOA / mo$13.42$13.42
Total monthly$3,411.69$3,666.85
Cash to close$8,471$41,000