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$429,185$359,955
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,146$0
Note rate6.850%7.400%
Blended rate6.850%7.640%
1st payment$2,874.50$2,492.26
2nd payment$0.00$0.00
Taxes / mo$333.29$333.29
Insurance / mo$150.00$150.00
MI / mo$0.00$71.99
HOA / mo$0.00$0.00
Total monthly$3,357.80$3,047.54
Cash to close$0$39,995