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$1,121,934$1,079,910
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$5,610$0
Note rate6.160%7.400%
Blended rate6.160%7.640%
1st payment$6,896.63$7,477.08
2nd payment$0.00$0.00
Taxes / mo$169.25$169.25
Insurance / mo$216.67$216.67
MI / mo$0.00$215.98
HOA / mo$0.00$0.00
Total monthly$7,282.55$8,078.98
Cash to close$77,966$119,990