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$481,687$436,500
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$2,408$0
Note rate6.710%7.320%
Blended rate6.710%7.560%
1st payment$3,229.71$2,998.45
2nd payment$0.00$0.00
Taxes / mo$70.33$70.33
Insurance / mo$166.67$166.67
MI / mo$0.00$87.30
HOA / mo$22.08$22.08
Total monthly$3,488.79$3,344.83
Cash to close$3,313$48,500