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$464,738$369,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,324$0
Note rate6.770%7.400%
Blended rate6.770%7.640%
1st payment$3,088.33$2,554.88
2nd payment$0.00$0.00
Taxes / mo$201.23$201.23
Insurance / mo$150.00$150.00
MI / mo$0.00$73.80
HOA / mo$0.00$0.00
Total monthly$3,439.56$2,979.91
Cash to close$0$41,000