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$420,037$368,910
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$2,100$0
Note rate7.170%7.400%
Blended rate7.170%7.640%
1st payment$2,909.99$2,554.26
2nd payment$0.00$0.00
Taxes / mo$165.08$165.08
Insurance / mo$150.00$150.00
MI / mo$0.00$73.78
HOA / mo$43.75$43.75
Total monthly$3,268.83$2,986.87
Cash to close$0$40,990