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$468,693$445,500
Remaining term (yrs)14.330.0
Secondary amount$0$0
Funding fee$2,343$0
Note rate5.440%7.400%
Blended rate5.440%7.640%
1st payment$3,914.87$3,084.55
2nd payment$0.00$0.00
Taxes / mo$186.08$186.08
Insurance / mo$166.67$166.67
MI / mo$0.00$89.10
HOA / mo$98.00$98.00
Total monthly$4,365.62$3,624.40
Cash to close$26,307$49,500