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$410,563$305,100
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$2,053$0
Note rate5.110%7.320%
Blended rate5.110%7.560%
1st payment$2,391.68$2,095.83
2nd payment$0.00$0.00
Taxes / mo$282.50$282.50
Insurance / mo$150.00$150.00
MI / mo$0.00$61.02
HOA / mo$481.00$481.00
Total monthly$3,305.18$3,070.35
Cash to close$0$33,900