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$455,371$382,410
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$2,277$0
Note rate6.78%7.18%
Blended rate6.78%7.42%
1st payment$3,038.24$2,590.58
2nd payment$0.00$0.00
Taxes / mo$226.75$226.75
Insurance / mo$150.00$150.00
MI / mo$0.00$76.48
HOA / mo$102.00$102.00
Total monthly$3,516.99$3,145.81
Cash to close$0$42,490