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$363,883$323,820
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$1,819$0
Note rate6.780%7.320%
Blended rate6.780%7.560%
1st payment$2,418.08$2,224.42
2nd payment$0.00$0.00
Taxes / mo$299.83$299.83
Insurance / mo$150.00$150.00
MI / mo$0.00$64.76
HOA / mo$12.50$12.50
Total monthly$2,880.41$2,751.52
Cash to close$0$35,980