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$429,906$315,000
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$2,150$0
Note rate6.660%7.320%
Blended rate6.660%7.560%
1st payment$2,891.82$2,163.83
2nd payment$0.00$0.00
Taxes / mo$362.92$362.92
Insurance / mo$150.00$150.00
MI / mo$0.00$63.00
HOA / mo$0.00$0.00
Total monthly$3,404.74$2,739.75
Cash to close$0$35,000