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$357,936$332,100
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$1,790$0
Note rate6.990%7.400%
Blended rate6.990%7.640%
1st payment$2,437.30$2,299.39
2nd payment$0.00$0.00
Taxes / mo$307.50$307.50
Insurance / mo$150.00$150.00
MI / mo$0.00$66.42
HOA / mo$573.00$573.00
Total monthly$3,467.80$3,396.31
Cash to close$11,064$36,900