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$508,767$441,000
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$2,544$0
Note rate6.210%7.240%
Blended rate6.210%7.480%
1st payment$3,140.69$3,005.41
2nd payment$0.00$0.00
Taxes / mo$408.33$408.33
Insurance / mo$166.67$166.67
MI / mo$0.00$88.20
HOA / mo$0.00$0.00
Total monthly$3,715.69$3,668.61
Cash to close$0$49,000