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$423,012$346,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$2,115$0
Note rate5.220%7.400%
Blended rate5.220%7.640%
1st payment$2,476.66$2,399.10
2nd payment$0.00$0.00
Taxes / mo$570.75$570.75
Insurance / mo$150.00$150.00
MI / mo$0.00$69.30
HOA / mo$0.00$0.00
Total monthly$3,197.41$3,189.15
Cash to close$0$38,500