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$409,052$319,499
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$2,045$0
Note rate6.760%7.320%
Blended rate6.760%7.560%
1st payment$2,697.05$2,194.74
2nd payment$0.00$0.00
Taxes / mo$295.83$295.83
Insurance / mo$150.00$150.00
MI / mo$0.00$63.90
HOA / mo$370.00$370.00
Total monthly$3,512.88$3,074.47
Cash to close$0$35,500