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$731,042$706,499
Remaining term (yrs)24.730.0
Secondary amount$0$0
Funding fee$3,655$0
Note rate2.94%7.24%
Blended rate2.94%7.48%
1st payment$3,467.49$4,814.78
2nd payment$0.00$0.00
Taxes / mo$500.08$500.08
Insurance / mo$216.67$216.67
MI / mo$0.00$141.30
HOA / mo$90.67$90.67
Total monthly$4,274.91$5,763.50
Cash to close$53,957$78,500