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$376,615$337,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$1,883$0
Note rate6.620%7.320%
Blended rate6.620%7.560%
1st payment$2,484.21$2,318.39
2nd payment$0.00$0.00
Taxes / mo$136.17$136.17
Insurance / mo$150.00$150.00
MI / mo$0.00$67.50
HOA / mo$572.00$572.00
Total monthly$3,342.38$3,244.06
Cash to close$0$37,500