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$383,986$58,500
Remaining term (yrs)23.330.0
Secondary amount$0$0
Funding fee$1,920$0
Note rate3.720%7.400%
Blended rate3.720%7.640%
1st payment$2,049.00$405.04
2nd payment$0.00$0.00
Taxes / mo$18.42$18.42
Insurance / mo$150.00$150.00
MI / mo$0.00$11.70
HOA / mo$0.00$0.00
Total monthly$2,217.42$585.16
Cash to close$0$6,500