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$464,371$450,000
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$2,322$0
Note rate3.09%7.24%
Blended rate3.09%7.48%
1st payment$2,214.13$3,066.74
2nd payment$0.00$0.00
Taxes / mo$427.50$427.50
Insurance / mo$166.67$166.67
MI / mo$0.00$90.00
HOA / mo$114.00$114.00
Total monthly$2,922.30$3,864.91
Cash to close$35,629$50,000