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$426,356$306,000
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$2,132$0
Note rate6.490%7.400%
Blended rate6.490%7.640%
1st payment$2,752.95$2,118.68
2nd payment$0.00$0.00
Taxes / mo$65.21$65.21
Insurance / mo$150.00$150.00
MI / mo$0.00$61.20
HOA / mo$0.00$0.00
Total monthly$2,968.16$2,395.09
Cash to close$0$34,000