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$414,676$404,999
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$2,073$0
Note rate6.99%7.18%
Blended rate6.99%7.42%
1st payment$2,826.44$2,743.60
2nd payment$0.00$0.00
Taxes / mo$171.08$171.08
Insurance / mo$150.00$150.00
MI / mo$0.00$81.00
HOA / mo$225.00$225.00
Total monthly$3,372.53$3,370.69
Cash to close$35,323$45,000