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$463,636$418,410
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$2,318$0
Note rate6.340%7.400%
Blended rate6.340%7.640%
1st payment$3,002.80$2,896.99
2nd payment$0.00$0.00
Taxes / mo$149.27$149.27
Insurance / mo$166.67$166.67
MI / mo$0.00$83.68
HOA / mo$25.67$25.67
Total monthly$3,344.40$3,322.27
Cash to close$1,264$46,490