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$447,635$339,300
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$2,238$0
Note rate5.100%7.400%
Blended rate5.100%7.640%
1st payment$2,605.00$2,349.24
2nd payment$0.00$0.00
Taxes / mo$388.16$388.16
Insurance / mo$150.00$150.00
MI / mo$0.00$67.86
HOA / mo$0.00$0.00
Total monthly$3,143.17$2,955.27
Cash to close$0$37,700