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$492,343$448,200
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$2,462$0
Note rate6.900%7.400%
Blended rate6.900%7.640%
1st payment$3,330.16$3,103.25
2nd payment$0.00$0.00
Taxes / mo$139.33$139.33
Insurance / mo$166.67$166.67
MI / mo$0.00$89.64
HOA / mo$0.00$0.00
Total monthly$3,636.16$3,498.89
Cash to close$5,657$49,800