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$471,912$449,910
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$2,360$0
Note rate6.96%7.24%
Blended rate6.96%7.48%
1st payment$3,179.58$3,066.13
2nd payment$0.00$0.00
Taxes / mo$442.50$442.50
Insurance / mo$166.67$166.67
MI / mo$0.00$89.98
HOA / mo$0.00$0.00
Total monthly$3,788.75$3,765.28
Cash to close$27,988$49,990