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$459,295$387,000
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$2,296$0
Note rate6.73%7.24%
Blended rate6.73%7.48%
1st payment$3,043.26$2,637.40
2nd payment$0.00$0.00
Taxes / mo$270.50$270.50
Insurance / mo$150.00$150.00
MI / mo$0.00$77.40
HOA / mo$81.00$81.00
Total monthly$3,544.76$3,216.30
Cash to close$0$43,000