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$438,708$304,200
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$2,194$0
Note rate5.23%7.24%
Blended rate5.23%7.48%
1st payment$2,586.81$2,073.12
2nd payment$0.00$0.00
Taxes / mo$179.83$179.83
Insurance / mo$150.00$150.00
MI / mo$0.00$60.84
HOA / mo$100.00$100.00
Total monthly$3,016.64$2,563.79
Cash to close$0$33,800