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$362,522$274,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,813$0
Note rate6.920%7.320%
Blended rate6.920%7.560%
1st payment$2,447.05$1,885.62
2nd payment$0.00$0.00
Taxes / mo$381.08$381.08
Insurance / mo$150.00$150.00
MI / mo$0.00$54.90
HOA / mo$0.00$0.00
Total monthly$2,978.13$2,471.61
Cash to close$0$30,500