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$475,276$435,150
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$2,376$0
Note rate6.5%7.18%
Blended rate6.5%7.42%
1st payment$3,065.53$2,947.86
2nd payment$0.00$0.00
Taxes / mo$179.33$179.33
Insurance / mo$166.67$166.67
MI / mo$0.00$87.03
HOA / mo$225.00$225.00
Total monthly$3,636.53$3,605.89
Cash to close$8,224$48,350