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$411,282$341,100
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$2,056$0
Note rate5.780%7.400%
Blended rate5.780%7.640%
1st payment$2,554.12$2,361.71
2nd payment$0.00$0.00
Taxes / mo$204.75$204.75
Insurance / mo$150.00$150.00
MI / mo$0.00$68.22
HOA / mo$0.00$0.00
Total monthly$2,908.86$2,784.67
Cash to close$0$37,900