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$415,629$396,000
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$2,078$0
Note rate6.92%7.24%
Blended rate6.92%7.48%
1st payment$2,805.53$2,698.73
2nd payment$0.00$0.00
Taxes / mo$134.50$134.50
Insurance / mo$150.00$150.00
MI / mo$0.00$79.20
HOA / mo$0.00$0.00
Total monthly$3,090.03$3,062.43
Cash to close$24,371$44,000