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$407,697$373,410
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,038$0
Note rate6.730%7.400%
Blended rate6.730%7.640%
1st payment$2,698.64$2,585.42
2nd payment$0.00$0.00
Taxes / mo$328.35$328.35
Insurance / mo$150.00$150.00
MI / mo$0.00$74.68
HOA / mo$15.00$15.00
Total monthly$3,191.99$3,153.45
Cash to close$7,203$41,490