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$363,876$264,420
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$1,819$0
Note rate6.640%7.320%
Blended rate6.640%7.560%
1st payment$2,404.87$1,816.38
2nd payment$0.00$0.00
Taxes / mo$225.47$225.47
Insurance / mo$150.00$150.00
MI / mo$0.00$52.88
HOA / mo$53.33$53.33
Total monthly$2,833.68$2,298.07
Cash to close$0$29,380