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$372,291$364,500
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$1,861$0
Note rate6.42%7.24%
Blended rate6.42%7.48%
1st payment$2,447.58$2,484.06
2nd payment$0.00$0.00
Taxes / mo$458.75$458.75
Insurance / mo$150.00$150.00
MI / mo$0.00$72.90
HOA / mo$120.67$120.67
Total monthly$3,177.00$3,286.38
Cash to close$32,709$40,500