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$520,664$512,010
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$2,603$0
Note rate3.49%7.18%
Blended rate3.49%7.42%
1st payment$2,376.93$3,468.53
2nd payment$0.00$0.00
Taxes / mo$13.92$13.92
Insurance / mo$166.67$166.67
MI / mo$0.00$102.40
HOA / mo$112.00$112.00
Total monthly$2,669.52$3,863.52
Cash to close$48,236$56,890