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$373,595$278,100
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$1,868$0
Note rate4.980%7.320%
Blended rate4.980%7.560%
1st payment$2,147.76$1,910.35
2nd payment$0.00$0.00
Taxes / mo$590.58$590.58
Insurance / mo$150.00$150.00
MI / mo$0.00$55.62
HOA / mo$12.50$12.50
Total monthly$2,900.84$2,719.06
Cash to close$0$30,900