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$409,405$333,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$2,047$0
Note rate6.26%7.24%
Blended rate6.26%7.48%
1st payment$2,640.52$2,269.39
2nd payment$0.00$0.00
Taxes / mo$219.67$219.67
Insurance / mo$150.00$150.00
MI / mo$0.00$66.60
HOA / mo$35.00$35.00
Total monthly$3,045.19$2,740.66
Cash to close$0$37,000