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$369,345$332,100
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,847$0
Note rate6.920%7.400%
Blended rate6.920%7.640%
1st payment$2,493.11$2,299.39
2nd payment$0.00$0.00
Taxes / mo$98.50$98.50
Insurance / mo$150.00$150.00
MI / mo$0.00$66.42
HOA / mo$104.00$104.00
Total monthly$2,845.61$2,718.31
Cash to close$0$36,900