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$449,905$269,999
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,250$0
Note rate6.35%7.18%
Blended rate6.35%7.42%
1st payment$2,867.57$1,829.07
2nd payment$0.00$0.00
Taxes / mo$102.58$102.58
Insurance / mo$150.00$150.00
MI / mo$0.00$54.00
HOA / mo$125.00$125.00
Total monthly$3,245.16$2,260.65
Cash to close$0$30,000