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$468,366$278,100
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$2,342$0
Note rate2.880%7.400%
Blended rate2.880%7.640%
1st payment$2,186.95$1,925.51
2nd payment$0.00$0.00
Taxes / mo$115.08$115.08
Insurance / mo$150.00$150.00
MI / mo$0.00$55.62
HOA / mo$0.00$0.00
Total monthly$2,452.03$2,246.21
Cash to close$0$30,900