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$493,310$427,410
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$2,467$0
Note rate7.170%7.320%
Blended rate7.170%7.560%
1st payment$3,417.63$2,936.01
2nd payment$0.00$0.00
Taxes / mo$184.75$184.75
Insurance / mo$166.67$166.67
MI / mo$0.00$85.48
HOA / mo$0.00$0.00
Total monthly$3,769.05$3,372.91
Cash to close$0$47,490