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$472,797$372,600
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$2,364$0
Note rate7.190%7.400%
Blended rate7.190%7.640%
1st payment$3,304.13$2,579.81
2nd payment$0.00$0.00
Taxes / mo$602.17$602.17
Insurance / mo$150.00$150.00
MI / mo$0.00$74.52
HOA / mo$33.33$33.33
Total monthly$4,089.63$3,439.82
Cash to close$0$41,400