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$364,991$269,910
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$1,825$0
Note rate7.310%7.320%
Blended rate7.310%7.560%
1st payment$2,579.62$1,854.09
2nd payment$0.00$0.00
Taxes / mo$651.08$651.08
Insurance / mo$150.00$150.00
MI / mo$0.00$53.98
HOA / mo$7.25$7.25
Total monthly$3,387.96$2,716.41
Cash to close$0$29,990