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$401,810$378,000
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$2,009$0
Note rate6.650%7.400%
Blended rate6.650%7.640%
1st payment$2,620.37$2,617.20
2nd payment$0.00$0.00
Taxes / mo$104.83$104.83
Insurance / mo$150.00$150.00
MI / mo$0.00$75.60
HOA / mo$60.00$60.00
Total monthly$2,935.21$3,007.63
Cash to close$18,190$42,000