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$507,417$503,100
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$2,537$0
Note rate6.39%7.24%
Blended rate6.39%7.48%
1st payment$3,306.32$3,428.62
2nd payment$0.00$0.00
Taxes / mo$191.92$191.92
Insurance / mo$166.67$166.67
MI / mo$0.00$100.62
HOA / mo$0.00$0.00
Total monthly$3,664.90$3,887.82
Cash to close$51,583$55,900