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$436,437$395,910
Remaining term (yrs)24.130.0
Secondary amount$0$0
Funding fee$2,182$0
Note rate6.340%7.400%
Blended rate6.340%7.640%
1st payment$2,940.38$2,741.20
2nd payment$0.00$0.00
Taxes / mo$205.25$205.25
Insurance / mo$150.00$150.00
MI / mo$0.00$79.18
HOA / mo$0.00$0.00
Total monthly$3,295.63$3,175.63
Cash to close$3,463$43,990