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$458,124$404,991
Remaining term (yrs)0.530.0
Secondary amount$0$0
Funding fee$2,291$0
Note rate6.380%7.400%
Blended rate6.380%7.640%
1st payment$58,644.01$2,804.08
2nd payment$0.00$0.00
Taxes / mo$33.83$33.83
Insurance / mo$150.00$150.00
MI / mo$0.00$81.00
HOA / mo$150.00$150.00
Total monthly$58,977.84$3,218.91
Cash to close$0$44,999