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$339,582$315,000
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$1,698$0
Note rate3.250%7.400%
Blended rate3.250%7.640%
1st payment$1,640.73$2,181.00
2nd payment$0.00$0.00
Taxes / mo$518.08$518.08
Insurance / mo$150.00$150.00
MI / mo$0.00$63.00
HOA / mo$21.33$21.33
Total monthly$2,330.14$2,933.41
Cash to close$10,418$35,000