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$506,437$469,710
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$2,532$0
Note rate7.440%7.400%
Blended rate7.440%7.640%
1st payment$3,616.10$3,252.18
2nd payment$0.00$0.00
Taxes / mo$157.00$157.00
Insurance / mo$166.67$166.67
MI / mo$0.00$93.94
HOA / mo$149.00$149.00
Total monthly$4,088.77$3,818.79
Cash to close$15,463$52,190