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$352,653$313,200
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$1,763$0
Note rate7.180%7.320%
Blended rate7.180%7.560%
1st payment$2,462.19$2,151.47
2nd payment$0.00$0.00
Taxes / mo$334.61$334.61
Insurance / mo$150.00$150.00
MI / mo$0.00$62.64
HOA / mo$239.00$239.00
Total monthly$3,185.81$2,937.72
Cash to close$0$34,800