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$434,510$399,600
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$2,173$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$3,003.63$2,766.75
2nd payment$0.00$0.00
Taxes / mo$216.92$216.92
Insurance / mo$150.00$150.00
MI / mo$0.00$79.92
HOA / mo$68.00$68.00
Total monthly$3,438.55$3,281.59
Cash to close$9,490$44,400