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$435,702$297,000
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$2,179$0
Note rate6.220%7.400%
Blended rate6.220%7.640%
1st payment$2,700.58$2,056.37
2nd payment$0.00$0.00
Taxes / mo$184.80$184.80
Insurance / mo$150.00$150.00
MI / mo$0.00$59.40
HOA / mo$0.00$0.00
Total monthly$3,035.37$2,450.56
Cash to close$0$33,000