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$405,111$404,100
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$2,026$0
Note rate3.100%7.400%
Blended rate3.100%7.640%
1st payment$1,921.15$2,797.91
2nd payment$0.00$0.00
Taxes / mo$118.50$118.50
Insurance / mo$150.00$150.00
MI / mo$0.00$80.82
HOA / mo$0.00$0.00
Total monthly$2,189.65$3,147.23
Cash to close$43,889$44,900