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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$480,629$337,410
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$2,403$0
Note rate4.17%7.18%
Blended rate4.17%7.42%
1st payment$2,544.24$2,285.73
2nd payment$0.00$0.00
Taxes / mo$193.58$193.58
Insurance / mo$150.00$150.00
MI / mo$0.00$67.48
HOA / mo$56.00$56.00
Total monthly$2,943.82$2,752.80
Cash to close$0$37,490