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$456,918$337,499
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$2,285$0
Note rate6.350%7.400%
Blended rate6.350%7.640%
1st payment$2,962.18$2,336.78
2nd payment$0.00$0.00
Taxes / mo$369.42$369.42
Insurance / mo$150.00$150.00
MI / mo$0.00$67.50
HOA / mo$0.00$0.00
Total monthly$3,481.59$2,923.69
Cash to close$0$37,500