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$403,295$337,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$2,016$0
Note rate6.43%7.24%
Blended rate6.43%7.48%
1st payment$2,638.08$2,300.06
2nd payment$0.00$0.00
Taxes / mo$182.92$182.92
Insurance / mo$150.00$150.00
MI / mo$0.00$67.50
HOA / mo$331.00$331.00
Total monthly$3,302.00$3,031.47
Cash to close$0$37,500