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$447,349$430,277
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$2,237$0
Note rate6.090%7.400%
Blended rate6.090%7.640%
1st payment$2,724.22$2,979.15
2nd payment$0.00$0.00
Taxes / mo$6.17$6.17
Insurance / mo$166.67$166.67
MI / mo$0.00$86.06
HOA / mo$126.00$126.00
Total monthly$3,023.06$3,364.04
Cash to close$30,736$47,809