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$427,002$330,300
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$2,135$0
Note rate6.480%7.400%
Blended rate6.480%7.640%
1st payment$2,813.34$2,286.93
2nd payment$0.00$0.00
Taxes / mo$305.83$305.83
Insurance / mo$150.00$150.00
MI / mo$0.00$66.06
HOA / mo$403.00$403.00
Total monthly$3,672.17$3,211.82
Cash to close$0$36,700