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$441,468$357,300
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$2,207$0
Note rate6.430%7.400%
Blended rate6.430%7.640%
1st payment$2,884.39$2,473.87
2nd payment$0.00$0.00
Taxes / mo$257.83$257.83
Insurance / mo$150.00$150.00
MI / mo$0.00$71.46
HOA / mo$33.00$33.00
Total monthly$3,325.23$2,986.17
Cash to close$0$39,700