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$464,478$377,991
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,322$0
Note rate6.850%7.400%
Blended rate6.850%7.640%
1st payment$3,107.83$2,617.13
2nd payment$0.00$0.00
Taxes / mo$37.17$37.17
Insurance / mo$150.00$150.00
MI / mo$0.00$75.60
HOA / mo$42.00$42.00
Total monthly$3,337.00$2,921.90
Cash to close$0$41,999