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$492,901$274,500
Remaining term (yrs)14.430.0
Secondary amount$0$0
Funding fee$2,465$0
Note rate5.790%7.400%
Blended rate5.790%7.640%
1st payment$4,177.49$1,900.58
2nd payment$0.00$0.00
Taxes / mo$132.75$132.75
Insurance / mo$150.00$150.00
MI / mo$0.00$54.90
HOA / mo$0.00$0.00
Total monthly$4,460.24$2,238.23
Cash to close$0$30,500