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$434,339$292,410
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$2,172$0
Note rate4.980%7.400%
Blended rate4.980%7.640%
1st payment$2,496.97$2,024.59
2nd payment$0.00$0.00
Taxes / mo$189.50$189.50
Insurance / mo$150.00$150.00
MI / mo$0.00$58.48
HOA / mo$146.00$146.00
Total monthly$2,982.47$2,568.57
Cash to close$0$32,490