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$418,161$377,910
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$2,091$0
Note rate6.670%7.320%
Blended rate6.670%7.560%
1st payment$2,771.75$2,595.98
2nd payment$0.00$0.00
Taxes / mo$133.29$133.29
Insurance / mo$150.00$150.00
MI / mo$0.00$75.58
HOA / mo$0.00$0.00
Total monthly$3,055.03$2,954.85
Cash to close$1,739$41,990