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$477,293$385,457
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$2,386$0
Note rate6.420%7.400%
Blended rate6.420%7.640%
1st payment$3,134.08$2,668.82
2nd payment$0.00$0.00
Taxes / mo$356.90$356.90
Insurance / mo$150.00$150.00
MI / mo$0.00$77.09
HOA / mo$27.08$27.08
Total monthly$3,668.06$3,279.90
Cash to close$0$42,829