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$442,818$395,991
Remaining term (yrs)0.530.0
Secondary amount$0$0
Funding fee$2,214$0
Note rate5.710%7.400%
Blended rate5.710%7.640%
1st payment$56,544.04$2,741.76
2nd payment$0.00$0.00
Taxes / mo$33.83$33.83
Insurance / mo$150.00$150.00
MI / mo$0.00$79.20
HOA / mo$150.00$150.00
Total monthly$56,877.87$3,154.79
Cash to close$0$43,999