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$525,613$499,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$2,628$0
Note rate6.26%7.24%
Blended rate6.26%7.48%
1st payment$3,390.02$3,404.08
2nd payment$0.00$0.00
Taxes / mo$258.67$258.67
Insurance / mo$166.67$166.67
MI / mo$0.00$99.90
HOA / mo$41.67$41.67
Total monthly$3,857.03$3,970.99
Cash to close$29,387$55,500