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$445,471$337,500
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$2,227$0
Note rate5.78%7.24%
Blended rate5.78%7.48%
1st payment$2,778.10$2,300.06
2nd payment$0.00$0.00
Taxes / mo$249.67$249.67
Insurance / mo$150.00$150.00
MI / mo$0.00$67.50
HOA / mo$34.00$34.00
Total monthly$3,211.77$2,801.22
Cash to close$0$37,500