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$383,423$260,910
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$1,917$0
Note rate6.570%7.400%
Blended rate6.570%7.640%
1st payment$2,536.43$1,806.49
2nd payment$0.00$0.00
Taxes / mo$216.17$216.17
Insurance / mo$150.00$150.00
MI / mo$0.00$52.18
HOA / mo$35.42$35.42
Total monthly$2,938.02$2,260.26
Cash to close$0$28,990