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$370,580$319,410
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$1,853$0
Note rate6.190%7.400%
Blended rate6.190%7.640%
1st payment$2,285.15$2,211.53
2nd payment$0.00$0.00
Taxes / mo$504.42$504.42
Insurance / mo$150.00$150.00
MI / mo$0.00$63.88
HOA / mo$20.00$20.00
Total monthly$2,959.57$2,949.83
Cash to close$0$35,490