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$379,717$333,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$1,899$0
Note rate6.640%7.400%
Blended rate6.640%7.640%
1st payment$2,504.22$2,305.62
2nd payment$0.00$0.00
Taxes / mo$41.00$41.00
Insurance / mo$150.00$150.00
MI / mo$0.00$66.60
HOA / mo$150.00$150.00
Total monthly$2,845.22$2,713.22
Cash to close$0$37,000