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$408,523$332,910
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$2,043$0
Note rate6.650%7.400%
Blended rate6.650%7.640%
1st payment$2,664.15$2,305.00
2nd payment$0.00$0.00
Taxes / mo$166.83$166.83
Insurance / mo$150.00$150.00
MI / mo$0.00$66.58
HOA / mo$26.00$26.00
Total monthly$3,006.99$2,714.42
Cash to close$0$36,990