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$542,756$400,500
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$2,714$0
Note rate6.92%7.24%
Blended rate6.92%7.48%
1st payment$3,667.25$2,729.40
2nd payment$0.00$0.00
Taxes / mo$316.92$316.92
Insurance / mo$150.00$150.00
MI / mo$0.00$80.10
HOA / mo$16.92$16.92
Total monthly$4,151.09$3,293.34
Cash to close$0$44,500