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$521,520$506,249
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$2,608$0
Note rate6.88%7.24%
Blended rate6.88%7.48%
1st payment$3,520.69$3,450.08
2nd payment$0.00$0.00
Taxes / mo$486.83$486.83
Insurance / mo$166.67$166.67
MI / mo$0.00$101.25
HOA / mo$150.00$150.00
Total monthly$4,324.19$4,354.83
Cash to close$40,979$56,250