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$437,225$382,410
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$2,186$0
Note rate6.340%7.400%
Blended rate6.340%7.640%
1st payment$2,743.92$2,647.73
2nd payment$0.00$0.00
Taxes / mo$367.17$367.17
Insurance / mo$150.00$150.00
MI / mo$0.00$76.48
HOA / mo$195.00$195.00
Total monthly$3,456.09$3,436.38
Cash to close$0$42,490