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$435,669$404,799
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$2,178$0
Note rate6.770%7.400%
Blended rate6.770%7.640%
1st payment$2,909.92$2,802.75
2nd payment$0.00$0.00
Taxes / mo$369.25$369.25
Insurance / mo$150.00$150.00
MI / mo$0.00$80.96
HOA / mo$335.00$335.00
Total monthly$3,764.17$3,737.96
Cash to close$14,108$44,978