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$433,296$409,500
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$2,166$0
Note rate6.900%7.400%
Blended rate6.900%7.640%
1st payment$2,930.77$2,835.30
2nd payment$0.00$0.00
Taxes / mo$162.92$162.92
Insurance / mo$166.67$166.67
MI / mo$0.00$81.90
HOA / mo$0.00$0.00
Total monthly$3,260.35$3,246.78
Cash to close$21,704$45,500