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$372,497$337,499
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$1,862$0
Note rate6.280%7.320%
Blended rate6.280%7.560%
1st payment$2,413.11$2,318.38
2nd payment$0.00$0.00
Taxes / mo$351.75$351.75
Insurance / mo$150.00$150.00
MI / mo$0.00$67.50
HOA / mo$92.00$92.00
Total monthly$3,006.86$2,979.63
Cash to close$2,502$37,500