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$346,007$319,499
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$1,730$0
Note rate6.580%7.320%
Blended rate6.580%7.560%
1st payment$2,307.10$2,194.74
2nd payment$0.00$0.00
Taxes / mo$275.33$275.33
Insurance / mo$150.00$150.00
MI / mo$0.00$63.90
HOA / mo$363.00$363.00
Total monthly$3,095.43$3,046.97
Cash to close$8,992$35,500