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$438,399$422,910
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$2,192$0
Note rate6.900%7.400%
Blended rate6.900%7.640%
1st payment$3,016.39$2,928.14
2nd payment$0.00$0.00
Taxes / mo$178.83$178.83
Insurance / mo$166.67$166.67
MI / mo$0.00$84.58
HOA / mo$30.00$30.00
Total monthly$3,391.89$3,388.23
Cash to close$31,501$46,990