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$442,222$413,910
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$2,211$0
Note rate7.2%7.24%
Blended rate7.2%7.48%
1st payment$3,093.37$2,820.79
2nd payment$0.00$0.00
Taxes / mo$130.67$130.67
Insurance / mo$166.67$166.67
MI / mo$0.00$82.78
HOA / mo$0.00$0.00
Total monthly$3,390.70$3,200.90
Cash to close$17,678$45,990