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$425,729$405,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$2,129$0
Note rate7.070%7.400%
Blended rate7.070%7.640%
1st payment$2,944.66$2,804.14
2nd payment$0.00$0.00
Taxes / mo$268.92$268.92
Insurance / mo$150.00$150.00
MI / mo$0.00$81.00
HOA / mo$0.00$0.00
Total monthly$3,363.58$3,304.05
Cash to close$24,271$45,000