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$203,980$193,500
Remaining term (yrs)22.430.0
Secondary amount$0$0
Funding fee$1,020$0
Note rate4.460%7.400%
Blended rate4.460%7.640%
1st payment$1,198.19$1,339.75
2nd payment$0.00$0.00
Taxes / mo$151.75$151.75
Insurance / mo$150.00$150.00
MI / mo$0.00$38.70
HOA / mo$0.00$0.00
Total monthly$1,499.94$1,680.20
Cash to close$11,020$21,500