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$367,997$314,910
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$1,840$0
Note rate7.220%7.400%
Blended rate7.220%7.640%
1st payment$2,564.07$2,180.37
2nd payment$0.00$0.00
Taxes / mo$537.75$537.75
Insurance / mo$150.00$150.00
MI / mo$0.00$62.98
HOA / mo$37.67$37.67
Total monthly$3,289.49$2,968.78
Cash to close$0$34,990