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$627,344$607,500
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$3,137$0
Note rate6.86%7.24%
Blended rate6.86%7.48%
1st payment$4,173.66$4,140.10
2nd payment$0.00$0.00
Taxes / mo$217.58$217.58
Insurance / mo$166.67$166.67
MI / mo$0.00$121.50
HOA / mo$3.33$3.33
Total monthly$4,561.24$4,649.18
Cash to close$47,656$67,500