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$417,590$337,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$2,088$0
Note rate6.920%7.400%
Blended rate6.920%7.640%
1st payment$2,818.76$2,336.78
2nd payment$0.00$0.00
Taxes / mo$125.83$125.83
Insurance / mo$150.00$150.00
MI / mo$0.00$67.50
HOA / mo$55.00$55.00
Total monthly$3,149.60$2,735.12
Cash to close$0$37,500