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$514,057$336,600
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$2,570$0
Note rate5.300%7.320%
Blended rate5.300%7.560%
1st payment$3,043.31$2,312.21
2nd payment$0.00$0.00
Taxes / mo$680.67$680.67
Insurance / mo$150.00$150.00
MI / mo$0.00$67.32
HOA / mo$10.83$10.83
Total monthly$3,884.81$3,221.03
Cash to close$0$37,400