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$521,926$359,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$2,610$0
Note rate6.650%7.320%
Blended rate6.650%7.560%
1st payment$3,491.24$2,466.77
2nd payment$0.00$0.00
Taxes / mo$283.25$283.25
Insurance / mo$150.00$150.00
MI / mo$0.00$71.82
HOA / mo$230.00$230.00
Total monthly$4,154.49$3,201.84
Cash to close$0$39,900