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$461,907$436,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,310$0
Note rate6.49%7.24%
Blended rate6.49%7.48%
1st payment$2,985.64$2,974.74
2nd payment$0.00$0.00
Taxes / mo$207.58$207.58
Insurance / mo$166.67$166.67
MI / mo$0.00$87.30
HOA / mo$22.92$22.92
Total monthly$3,382.81$3,459.21
Cash to close$23,093$48,500