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$429,236$353,700
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$2,146$0
Note rate6.350%7.400%
Blended rate6.350%7.640%
1st payment$2,782.71$2,448.95
2nd payment$0.00$0.00
Taxes / mo$282.83$282.83
Insurance / mo$150.00$150.00
MI / mo$0.00$70.74
HOA / mo$0.00$0.00
Total monthly$3,215.55$2,952.52
Cash to close$0$39,300