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$642,396$583,200
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$3,212$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$4,152.05$4,037.96
2nd payment$0.00$0.00
Taxes / mo$242.25$242.25
Insurance / mo$166.67$166.67
MI / mo$0.00$116.64
HOA / mo$134.00$134.00
Total monthly$4,694.97$4,697.52
Cash to close$5,604$64,800