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$208,806$146,700
Remaining term (yrs)24.230.0
Secondary amount$0$0
Funding fee$1,044$0
Note rate2.670%7.400%
Blended rate2.670%7.640%
1st payment$973.13$1,015.72
2nd payment$0.00$0.00
Taxes / mo$173.58$173.58
Insurance / mo$150.00$150.00
MI / mo$0.00$29.34
HOA / mo$350.00$350.00
Total monthly$1,646.72$1,718.64
Cash to close$0$16,300