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$437,952$349,110
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$2,190$0
Note rate6.46%7.18%
Blended rate6.46%7.42%
1st payment$2,828.35$2,364.99
2nd payment$0.00$0.00
Taxes / mo$122.42$122.42
Insurance / mo$150.00$150.00
MI / mo$0.00$69.82
HOA / mo$130.00$130.00
Total monthly$3,230.77$2,837.23
Cash to close$0$38,790