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$462,024$457,200
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$2,310$0
Note rate7.080%7.320%
Blended rate7.080%7.560%
1st payment$3,232.70$3,140.65
2nd payment$0.00$0.00
Taxes / mo$99.75$99.75
Insurance / mo$166.67$166.67
MI / mo$0.00$91.44
HOA / mo$17.00$17.00
Total monthly$3,516.11$3,515.50
Cash to close$45,976$50,800