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$357,300$348,750
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$1,787$0
Note rate7.790%7.400%
Blended rate7.790%7.640%
1st payment$2,637.33$2,414.67
2nd payment$0.00$0.00
Taxes / mo$221.08$221.08
Insurance / mo$150.00$150.00
MI / mo$0.00$69.75
HOA / mo$0.00$0.00
Total monthly$3,008.42$2,855.51
Cash to close$30,200$38,750