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$446,166$441,000
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$2,231$0
Note rate5.660%7.400%
Blended rate5.660%7.640%
1st payment$2,730.43$3,053.39
2nd payment$0.00$0.00
Taxes / mo$131.58$131.58
Insurance / mo$166.67$166.67
MI / mo$0.00$88.20
HOA / mo$0.00$0.00
Total monthly$3,028.68$3,439.84
Cash to close$43,834$49,000