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$582,391$395,100
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$2,912$0
Note rate6.880%7.400%
Blended rate6.880%7.640%
1st payment$3,927.65$2,735.59
2nd payment$0.00$0.00
Taxes / mo$365.83$365.83
Insurance / mo$150.00$150.00
MI / mo$0.00$79.02
HOA / mo$0.00$0.00
Total monthly$4,443.49$3,330.45
Cash to close$0$43,900