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$438,203$314,100
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$2,191$0
Note rate6.870%7.320%
Blended rate6.870%7.560%
1st payment$2,920.95$2,157.65
2nd payment$0.00$0.00
Taxes / mo$306.58$306.58
Insurance / mo$150.00$150.00
MI / mo$0.00$62.82
HOA / mo$0.00$0.00
Total monthly$3,377.53$2,677.05
Cash to close$0$34,900