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$405,245$377,100
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$2,026$0
Note rate6.900%7.400%
Blended rate6.900%7.640%
1st payment$2,785.14$2,610.96
2nd payment$0.00$0.00
Taxes / mo$349.17$349.17
Insurance / mo$150.00$150.00
MI / mo$0.00$75.42
HOA / mo$9.25$9.25
Total monthly$3,293.56$3,194.80
Cash to close$13,755$41,900