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$446,083$337,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$2,230$0
Note rate6.090%7.320%
Blended rate6.090%7.560%
1st payment$2,829.61$2,318.39
2nd payment$0.00$0.00
Taxes / mo$220.17$220.17
Insurance / mo$150.00$150.00
MI / mo$0.00$67.50
HOA / mo$61.67$61.67
Total monthly$3,261.44$2,817.73
Cash to close$0$37,500