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$350,699$332,910
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,753$0
Note rate7.090%7.320%
Blended rate7.090%7.560%
1st payment$2,406.49$2,286.86
2nd payment$0.00$0.00
Taxes / mo$308.25$308.25
Insurance / mo$150.00$150.00
MI / mo$0.00$66.58
HOA / mo$32.00$32.00
Total monthly$2,896.74$2,843.69
Cash to close$19,201$36,990