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$458,592$391,410
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$2,293$0
Note rate6.870%7.320%
Blended rate6.870%7.560%
1st payment$3,080.51$2,688.72
2nd payment$0.00$0.00
Taxes / mo$3.58$3.58
Insurance / mo$150.00$150.00
MI / mo$0.00$78.28
HOA / mo$12.92$12.92
Total monthly$3,247.01$2,933.50
Cash to close$0$43,490