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$384,688$319,500
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$1,923$0
Note rate6.270%7.320%
Blended rate6.270%7.560%
1st payment$2,486.58$2,194.74
2nd payment$0.00$0.00
Taxes / mo$113.75$113.75
Insurance / mo$150.00$150.00
MI / mo$0.00$63.90
HOA / mo$0.00$0.00
Total monthly$2,750.33$2,522.39
Cash to close$0$35,500