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$405,672$278,100
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$2,028$0
Note rate5.510%7.320%
Blended rate5.510%7.560%
1st payment$2,452.78$1,910.35
2nd payment$0.00$0.00
Taxes / mo$352.42$352.42
Insurance / mo$150.00$150.00
MI / mo$0.00$55.62
HOA / mo$114.00$114.00
Total monthly$3,069.20$2,582.39
Cash to close$0$30,900