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$464,260$358,650
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$2,321$0
Note rate4.980%7.400%
Blended rate4.980%7.640%
1st payment$2,668.98$2,483.22
2nd payment$0.00$0.00
Taxes / mo$93.16$93.16
Insurance / mo$150.00$150.00
MI / mo$0.00$71.73
HOA / mo$144.08$144.08
Total monthly$3,056.22$2,942.19
Cash to close$0$39,850