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$434,407$349,200
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$2,172$0
Note rate6.760%7.400%
Blended rate6.760%7.640%
1st payment$2,864.22$2,417.79
2nd payment$0.00$0.00
Taxes / mo$77.62$77.62
Insurance / mo$150.00$150.00
MI / mo$0.00$69.84
HOA / mo$17.50$17.50
Total monthly$3,109.34$2,732.75
Cash to close$0$38,800