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$426,264$331,200
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$2,131$0
Note rate6.660%7.320%
Blended rate6.660%7.560%
1st payment$2,822.71$2,275.11
2nd payment$0.00$0.00
Taxes / mo$126.69$126.69
Insurance / mo$150.00$150.00
MI / mo$0.00$66.24
HOA / mo$94.00$94.00
Total monthly$3,193.39$2,712.04
Cash to close$0$36,800