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$438,224$359,100
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$2,191$0
Note rate5.220%7.320%
Blended rate5.220%7.560%
1st payment$2,565.72$2,466.77
2nd payment$0.00$0.00
Taxes / mo$150.92$150.92
Insurance / mo$150.00$150.00
MI / mo$0.00$71.82
HOA / mo$0.00$0.00
Total monthly$2,866.63$2,839.50
Cash to close$0$39,900