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$470,130$427,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$2,351$0
Note rate6.64%7.18%
Blended rate6.64%7.42%
1st payment$3,107.11$2,896.03
2nd payment$0.00$0.00
Taxes / mo$209.83$209.83
Insurance / mo$166.67$166.67
MI / mo$0.00$85.50
HOA / mo$102.00$102.00
Total monthly$3,585.61$3,460.03
Cash to close$4,870$47,500