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$444,514$391,500
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$2,223$0
Note rate6.24%7.24%
Blended rate6.24%7.48%
1st payment$2,763.72$2,668.07
2nd payment$0.00$0.00
Taxes / mo$456.83$456.83
Insurance / mo$150.00$150.00
MI / mo$0.00$78.30
HOA / mo$123.33$123.33
Total monthly$3,493.89$3,476.53
Cash to close$0$43,500