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$429,726$405,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$2,149$0
Note rate7.100%7.400%
Blended rate7.100%7.640%
1st payment$2,962.99$2,804.14
2nd payment$0.00$0.00
Taxes / mo$145.42$145.42
Insurance / mo$150.00$150.00
MI / mo$0.00$81.00
HOA / mo$92.00$92.00
Total monthly$3,350.41$3,272.55
Cash to close$20,274$45,000