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$372,928$350,910
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$1,865$0
Note rate7.630%7.400%
Blended rate7.630%7.640%
1st payment$2,712.61$2,429.63
2nd payment$0.00$0.00
Taxes / mo$324.92$324.92
Insurance / mo$150.00$150.00
MI / mo$0.00$70.18
HOA / mo$75.00$75.00
Total monthly$3,262.52$3,049.73
Cash to close$16,972$38,990