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$369,758$331,200
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$1,849$0
Note rate6.650%7.400%
Blended rate6.650%7.640%
1st payment$2,409.00$2,293.16
2nd payment$0.00$0.00
Taxes / mo$269.42$269.42
Insurance / mo$150.00$150.00
MI / mo$0.00$66.24
HOA / mo$0.00$0.00
Total monthly$2,828.42$2,778.82
Cash to close$0$36,800