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$465,903$341,999
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,330$0
Note rate6.460%7.400%
Blended rate6.460%7.640%
1st payment$2,999.29$2,367.93
2nd payment$0.00$0.00
Taxes / mo$316.67$316.67
Insurance / mo$150.00$150.00
MI / mo$0.00$68.40
HOA / mo$308.00$308.00
Total monthly$3,773.96$3,211.00
Cash to close$0$38,000