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$479,508$436,500
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$2,398$0
Note rate6.670%7.400%
Blended rate6.670%7.640%
1st payment$3,121.32$3,022.24
2nd payment$0.00$0.00
Taxes / mo$156.94$156.94
Insurance / mo$166.67$166.67
MI / mo$0.00$87.30
HOA / mo$390.00$390.00
Total monthly$3,834.92$3,823.14
Cash to close$5,492$48,500