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$433,967$359,910
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$2,170$0
Note rate7.170%7.320%
Blended rate7.170%7.560%
1st payment$3,006.50$2,472.33
2nd payment$0.00$0.00
Taxes / mo$484.50$484.50
Insurance / mo$150.00$150.00
MI / mo$0.00$71.98
HOA / mo$22.58$22.58
Total monthly$3,663.58$3,201.39
Cash to close$0$39,990