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$368,236$336,600
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$1,841$0
Note rate6.600%7.400%
Blended rate6.600%7.640%
1st payment$2,445.81$2,330.55
2nd payment$0.00$0.00
Taxes / mo$311.67$311.67
Insurance / mo$150.00$150.00
MI / mo$0.00$67.32
HOA / mo$78.00$78.00
Total monthly$2,985.47$2,937.54
Cash to close$5,764$37,400