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$474,205$449,910
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$2,371$0
Note rate7.060%7.400%
Blended rate7.060%7.640%
1st payment$3,247.70$3,115.09
2nd payment$0.00$0.00
Taxes / mo$534.00$534.00
Insurance / mo$166.67$166.67
MI / mo$0.00$89.98
HOA / mo$0.00$0.00
Total monthly$3,948.37$3,905.73
Cash to close$25,695$49,990