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$408,734$332,100
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$2,044$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$2,625.62$2,281.30
2nd payment$0.00$0.00
Taxes / mo$307.50$307.50
Insurance / mo$150.00$150.00
MI / mo$0.00$66.42
HOA / mo$370.00$370.00
Total monthly$3,453.12$3,175.22
Cash to close$0$36,900