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$601,876$562,410
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$3,009$0
Note rate6.220%7.400%
Blended rate6.220%7.640%
1st payment$3,719.36$3,894.01
2nd payment$0.00$0.00
Taxes / mo$241.92$241.92
Insurance / mo$166.67$166.67
MI / mo$0.00$112.48
HOA / mo$120.00$120.00
Total monthly$4,247.94$4,535.08
Cash to close$23,024$62,490