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$412,448$382,500
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$2,062$0
Note rate7.290%7.320%
Blended rate7.290%7.560%
1st payment$2,903.94$2,627.51
2nd payment$0.00$0.00
Taxes / mo$147.06$147.06
Insurance / mo$150.00$150.00
MI / mo$0.00$76.50
HOA / mo$0.00$0.00
Total monthly$3,201.00$3,001.07
Cash to close$12,552$42,500