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$457,453$382,500
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$2,287$0
Note rate6.240%7.400%
Blended rate6.240%7.640%
1st payment$2,838.44$2,648.35
2nd payment$0.00$0.00
Taxes / mo$128.71$128.71
Insurance / mo$150.00$150.00
MI / mo$0.00$76.50
HOA / mo$17.33$17.33
Total monthly$3,134.48$3,020.89
Cash to close$0$42,500