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$400,687$341,910
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$2,003$0
Note rate6.090%7.400%
Blended rate6.090%7.640%
1st payment$2,481.93$2,367.32
2nd payment$0.00$0.00
Taxes / mo$302.17$302.17
Insurance / mo$150.00$150.00
MI / mo$0.00$68.38
HOA / mo$90.67$90.67
Total monthly$3,024.77$2,978.53
Cash to close$0$37,990