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$442,472$285,300
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$2,212$0
Note rate7.030%7.400%
Blended rate7.030%7.640%
1st payment$3,021.63$1,975.36
2nd payment$0.00$0.00
Taxes / mo$225.58$225.58
Insurance / mo$150.00$150.00
MI / mo$0.00$57.06
HOA / mo$0.00$0.00
Total monthly$3,397.21$2,408.00
Cash to close$0$31,700