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$457,461$423,450
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$2,287$0
Note rate6.720%7.320%
Blended rate6.720%7.560%
1st payment$3,019.00$2,908.81
2nd payment$0.00$0.00
Taxes / mo$392.08$392.08
Insurance / mo$166.67$166.67
MI / mo$0.00$84.69
HOA / mo$0.00$0.00
Total monthly$3,577.75$3,552.25
Cash to close$13,039$47,050