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$412,465$378,000
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$2,062$0
Note rate6.44%7.18%
Blended rate6.44%7.42%
1st payment$2,644.42$2,560.70
2nd payment$0.00$0.00
Taxes / mo$85.25$85.25
Insurance / mo$150.00$150.00
MI / mo$0.00$75.60
HOA / mo$0.00$0.00
Total monthly$2,879.67$2,871.55
Cash to close$7,535$42,000