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$207,577$219,600
Remaining term (yrs)24.730.0
Secondary amount$0$0
Funding fee$1,038$0
Note rate2.95%7.24%
Blended rate2.95%7.48%
1st payment$985.66$1,496.57
2nd payment$0.00$0.00
Taxes / mo$120.25$120.25
Insurance / mo$150.00$150.00
MI / mo$0.00$43.92
HOA / mo$375.00$375.00
Total monthly$1,630.91$2,185.74
Cash to close$36,423$24,400