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$481,750$436,500
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$2,409$0
Note rate6.94%7.24%
Blended rate6.94%7.48%
1st payment$3,274.40$2,974.74
2nd payment$0.00$0.00
Taxes / mo$425.25$425.25
Insurance / mo$166.67$166.67
MI / mo$0.00$87.30
HOA / mo$0.00$0.00
Total monthly$3,866.32$3,653.96
Cash to close$3,250$48,500