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$528,820$441,000
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$2,644$0
Note rate6.430%7.400%
Blended rate6.430%7.640%
1st payment$3,451.09$3,053.39
2nd payment$0.00$0.00
Taxes / mo$160.67$160.67
Insurance / mo$166.67$166.67
MI / mo$0.00$88.20
HOA / mo$0.00$0.00
Total monthly$3,778.42$3,468.93
Cash to close$0$49,000