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$435,244$359,999
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$2,176$0
Note rate6.260%7.320%
Blended rate6.260%7.560%
1st payment$2,803.73$2,472.94
2nd payment$0.00$0.00
Taxes / mo$352.58$352.58
Insurance / mo$150.00$150.00
MI / mo$0.00$72.00
HOA / mo$228.00$228.00
Total monthly$3,534.32$3,275.53
Cash to close$0$40,000