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$373,549$315,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$1,868$0
Note rate6.730%7.320%
Blended rate6.730%7.560%
1st payment$2,517.88$2,163.83
2nd payment$0.00$0.00
Taxes / mo$55.33$55.33
Insurance / mo$150.00$150.00
MI / mo$0.00$63.00
HOA / mo$63.00$63.00
Total monthly$2,786.21$2,495.16
Cash to close$0$35,000