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$537,101$522,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$2,686$0
Note rate6.43%7.18%
Blended rate6.43%7.42%
1st payment$3,509.23$3,536.21
2nd payment$0.00$0.00
Taxes / mo$199.75$199.75
Insurance / mo$166.67$166.67
MI / mo$0.00$104.40
HOA / mo$60.00$60.00
Total monthly$3,935.65$4,067.03
Cash to close$42,899$58,000