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$900,468$854,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$4,502$0
Note rate6.770%7.240%
Blended rate6.770%7.480%
1st payment$5,977.92$5,820.68
2nd payment$0.00$0.00
Taxes / mo$790.83$790.83
Insurance / mo$216.67$216.67
MI / mo$0.00$170.82
HOA / mo$0.00$0.00
Total monthly$6,985.42$6,999.00
Cash to close$48,532$94,900