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$309,521$283,500
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$1,548$0
Note rate6.260%7.400%
Blended rate6.260%7.640%
1st payment$1,930.37$1,962.90
2nd payment$0.00$0.00
Taxes / mo$101.75$101.75
Insurance / mo$150.00$150.00
MI / mo$0.00$56.70
HOA / mo$0.00$0.00
Total monthly$2,182.12$2,271.35
Cash to close$5,479$31,500