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$442,962$415,350
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$2,215$0
Note rate7.230%7.400%
Blended rate7.230%7.640%
1st payment$3,116.61$2,875.80
2nd payment$0.00$0.00
Taxes / mo$617.75$617.75
Insurance / mo$166.67$166.67
MI / mo$0.00$83.07
HOA / mo$134.00$134.00
Total monthly$4,035.03$3,877.29
Cash to close$18,538$46,150