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$385,979$364,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$1,930$0
Note rate6.920%7.320%
Blended rate6.920%7.560%
1st payment$2,666.71$2,503.86
2nd payment$0.00$0.00
Taxes / mo$186.30$186.30
Insurance / mo$150.00$150.00
MI / mo$0.00$72.90
HOA / mo$0.00$0.00
Total monthly$3,003.01$2,913.06
Cash to close$19,021$40,500