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$390,842$367,200
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$1,954$0
Note rate6.990%7.400%
Blended rate6.990%7.640%
1st payment$2,661.37$2,542.42
2nd payment$0.00$0.00
Taxes / mo$340.00$340.00
Insurance / mo$150.00$150.00
MI / mo$0.00$73.44
HOA / mo$0.00$0.00
Total monthly$3,151.37$3,105.86
Cash to close$17,158$40,800