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$420,830$400,500
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$2,104$0
Note rate6.940%7.400%
Blended rate6.940%7.640%
1st payment$2,909.62$2,772.98
2nd payment$0.00$0.00
Taxes / mo$329.75$329.75
Insurance / mo$150.00$150.00
MI / mo$0.00$80.10
HOA / mo$52.00$52.00
Total monthly$3,441.37$3,384.83
Cash to close$24,170$44,500