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$459,020$436,500
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$2,295$0
Note rate6.11%7.24%
Blended rate6.11%7.48%
1st payment$2,936.14$2,974.74
2nd payment$0.00$0.00
Taxes / mo$412.67$412.67
Insurance / mo$166.67$166.67
MI / mo$0.00$87.30
HOA / mo$89.00$89.00
Total monthly$3,604.48$3,730.37
Cash to close$25,980$48,500