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$491,960$467,550
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$2,460$0
Note rate5.52%7.18%
Blended rate5.52%7.42%
1st payment$2,981.79$3,167.35
2nd payment$0.00$0.00
Taxes / mo$277.92$277.92
Insurance / mo$166.67$166.67
MI / mo$0.00$93.51
HOA / mo$167.00$167.00
Total monthly$3,593.38$3,872.44
Cash to close$27,540$51,950