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$399,340$179,910
Remaining term (yrs)24.530.0
Secondary amount$0$0
Funding fee$1,997$0
Note rate3.180%7.400%
Blended rate3.180%7.640%
1st payment$1,952.77$1,245.66
2nd payment$0.00$0.00
Taxes / mo$658.50$658.50
Insurance / mo$150.00$150.00
MI / mo$0.00$35.98
HOA / mo$462.00$462.00
Total monthly$3,223.27$2,552.14
Cash to close$0$19,990