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$338,080$337,410
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$1,690$0
Note rate5.41%7.18%
Blended rate5.41%7.42%
1st payment$2,023.76$2,285.73
2nd payment$0.00$0.00
Taxes / mo$71.75$71.75
Insurance / mo$150.00$150.00
MI / mo$0.00$67.48
HOA / mo$80.00$80.00
Total monthly$2,325.51$2,654.96
Cash to close$36,820$37,490