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$444,210$317,700
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,221$0
Note rate6.190%7.400%
Blended rate6.190%7.640%
1st payment$2,785.90$2,199.69
2nd payment$0.00$0.00
Taxes / mo$92.33$92.33
Insurance / mo$150.00$150.00
MI / mo$0.00$63.54
HOA / mo$62.00$62.00
Total monthly$3,090.23$2,567.56
Cash to close$0$35,300