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$379,266$350,999
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$1,896$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$2,565.05$2,430.25
2nd payment$0.00$0.00
Taxes / mo$325.00$325.00
Insurance / mo$150.00$150.00
MI / mo$0.00$70.20
HOA / mo$179.00$179.00
Total monthly$3,219.05$3,154.45
Cash to close$10,733$39,000