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$442,969$395,910
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$2,215$0
Note rate6.46%7.24%
Blended rate6.46%7.48%
1st payment$2,857.69$2,698.12
2nd payment$0.00$0.00
Taxes / mo$131.25$131.25
Insurance / mo$150.00$150.00
MI / mo$0.00$79.18
HOA / mo$0.00$0.00
Total monthly$3,138.94$3,058.55
Cash to close$0$43,990