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$433,344$418,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$2,167$0
Note rate6.350%7.400%
Blended rate6.350%7.640%
1st payment$2,809.34$2,897.61
2nd payment$0.00$0.00
Taxes / mo$373.25$373.25
Insurance / mo$166.67$166.67
MI / mo$0.00$83.70
HOA / mo$75.00$75.00
Total monthly$3,424.26$3,596.23
Cash to close$31,656$46,500