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$373,009$323,999
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$1,865$0
Note rate6.640%7.320%
Blended rate6.640%7.560%
1st payment$2,462.60$2,225.65
2nd payment$0.00$0.00
Taxes / mo$90.75$90.75
Insurance / mo$150.00$150.00
MI / mo$0.00$64.80
HOA / mo$0.00$0.00
Total monthly$2,703.35$2,531.20
Cash to close$0$36,000