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$482,963$449,999
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$2,415$0
Note rate6.810%7.320%
Blended rate6.810%7.560%
1st payment$3,262.30$3,091.18
2nd payment$0.00$0.00
Taxes / mo$407.00$407.00
Insurance / mo$166.67$166.67
MI / mo$0.00$90.00
HOA / mo$166.00$166.00
Total monthly$4,001.97$3,920.85
Cash to close$17,036$50,000