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$444,208$314,999
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$2,221$0
Note rate6.350%7.400%
Blended rate6.350%7.640%
1st payment$2,790.62$2,180.99
2nd payment$0.00$0.00
Taxes / mo$547.42$547.42
Insurance / mo$150.00$150.00
MI / mo$0.00$63.00
HOA / mo$382.00$382.00
Total monthly$3,870.04$3,323.41
Cash to close$0$35,000