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$464,714$323,910
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$2,324$0
Note rate6.080%7.320%
Blended rate6.080%7.560%
1st payment$2,872.37$2,225.04
2nd payment$0.00$0.00
Taxes / mo$143.58$143.58
Insurance / mo$150.00$150.00
MI / mo$0.00$64.78
HOA / mo$50.00$50.00
Total monthly$3,215.96$2,633.40
Cash to close$0$35,990