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$459,042$288,000
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$2,295$0
Note rate5.270%7.400%
Blended rate5.270%7.640%
1st payment$2,717.63$1,994.05
2nd payment$0.00$0.00
Taxes / mo$290.92$290.92
Insurance / mo$150.00$150.00
MI / mo$0.00$57.60
HOA / mo$120.00$120.00
Total monthly$3,278.54$2,612.57
Cash to close$0$32,000