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$357,254$355,500
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$1,786$0
Note rate7.440%7.400%
Blended rate7.440%7.640%
1st payment$2,550.90$2,461.41
2nd payment$0.00$0.00
Taxes / mo$329.17$329.17
Insurance / mo$150.00$150.00
MI / mo$0.00$71.10
HOA / mo$333.00$333.00
Total monthly$3,363.06$3,344.68
Cash to close$37,746$39,500