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$406,822$369,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$2,034$0
Note rate6.640%7.320%
Blended rate6.640%7.560%
1st payment$2,682.99$2,534.77
2nd payment$0.00$0.00
Taxes / mo$341.67$341.67
Insurance / mo$150.00$150.00
MI / mo$0.00$73.80
HOA / mo$0.00$0.00
Total monthly$3,174.65$3,100.24
Cash to close$3,178$41,000