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$441,962$418,500
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$2,210$0
Note rate7.020%7.400%
Blended rate7.020%7.640%
1st payment$3,015.24$2,897.61
2nd payment$0.00$0.00
Taxes / mo$108.25$108.25
Insurance / mo$166.67$166.67
MI / mo$0.00$83.70
HOA / mo$56.67$56.67
Total monthly$3,346.83$3,312.90
Cash to close$23,038$46,500