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$351,198$287,910
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$1,756$0
Note rate6.900%7.320%
Blended rate6.900%7.560%
1st payment$2,413.69$1,977.74
2nd payment$0.00$0.00
Taxes / mo$408.75$408.75
Insurance / mo$150.00$150.00
MI / mo$0.00$57.58
HOA / mo$0.00$0.00
Total monthly$2,972.44$2,594.07
Cash to close$0$31,990