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$454,806$427,500
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$2,274$0
Note rate6.940%7.400%
Blended rate6.940%7.640%
1st payment$3,144.53$2,959.92
2nd payment$0.00$0.00
Taxes / mo$720.00$720.00
Insurance / mo$166.67$166.67
MI / mo$0.00$85.50
HOA / mo$10.42$10.42
Total monthly$4,041.62$3,942.51
Cash to close$20,194$47,500