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$437,589$341,100
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$2,188$0
Note rate6.810%7.320%
Blended rate6.810%7.560%
1st payment$2,955.82$2,343.12
2nd payment$0.00$0.00
Taxes / mo$375.75$375.75
Insurance / mo$150.00$150.00
MI / mo$0.00$68.22
HOA / mo$180.00$180.00
Total monthly$3,661.57$3,117.09
Cash to close$0$37,900