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$364,583$328,500
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$1,823$0
Note rate7.790%7.320%
Blended rate7.790%7.560%
1st payment$2,754.51$2,256.57
2nd payment$0.00$0.00
Taxes / mo$93.42$93.42
Insurance / mo$150.00$150.00
MI / mo$0.00$65.70
HOA / mo$0.00$0.00
Total monthly$2,997.93$2,565.68
Cash to close$417$36,500