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$562,026$337,500
Remaining term (yrs)1.430.0
Secondary amount$0$0
Funding fee$2,810$0
Note rate3.750%7.320%
Blended rate3.750%7.560%
1st payment$30,513.35$2,318.39
2nd payment$0.00$0.00
Taxes / mo$239.50$239.50
Insurance / mo$150.00$150.00
MI / mo$0.00$67.50
HOA / mo$75.00$75.00
Total monthly$30,977.85$2,850.39
Cash to close$0$37,500