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$366,568$341,100
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,833$0
Note rate6.950%7.320%
Blended rate6.950%7.560%
1st payment$2,481.58$2,343.12
2nd payment$0.00$0.00
Taxes / mo$100.50$100.50
Insurance / mo$150.00$150.00
MI / mo$0.00$68.22
HOA / mo$0.00$0.00
Total monthly$2,732.08$2,661.84
Cash to close$12,432$37,900