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$396,071$382,050
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$1,980$0
Note rate6.43%7.18%
Blended rate6.43%7.42%
1st payment$2,590.83$2,588.14
2nd payment$0.00$0.00
Taxes / mo$188.83$188.83
Insurance / mo$150.00$150.00
MI / mo$0.00$76.41
HOA / mo$35.50$35.50
Total monthly$2,965.16$3,038.88
Cash to close$28,429$42,450