Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$424,059$395,010
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$2,120$0
Note rate6.660%7.320%
Blended rate6.660%7.560%
1st payment$2,808.10$2,713.44
2nd payment$0.00$0.00
Taxes / mo$123.08$123.08
Insurance / mo$150.00$150.00
MI / mo$0.00$79.00
HOA / mo$70.00$70.00
Total monthly$3,151.18$3,135.53
Cash to close$14,841$43,890