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$456,046$355,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$2,280$0
Note rate6.340%7.320%
Blended rate6.340%7.560%
1st payment$2,953.64$2,442.04
2nd payment$0.00$0.00
Taxes / mo$152.83$152.83
Insurance / mo$150.00$150.00
MI / mo$0.00$71.10
HOA / mo$0.00$0.00
Total monthly$3,256.47$2,815.97
Cash to close$0$39,500