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$388,401$269,910
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$1,942$0
Note rate5.230%7.400%
Blended rate5.230%7.640%
1st payment$2,283.20$1,868.80
2nd payment$0.00$0.00
Taxes / mo$351.42$351.42
Insurance / mo$150.00$150.00
MI / mo$0.00$53.98
HOA / mo$0.00$0.00
Total monthly$2,784.62$2,424.20
Cash to close$0$29,990