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$364,053$325,800
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$1,820$0
Note rate6.350%7.320%
Blended rate6.350%7.560%
1st payment$2,317.88$2,238.02
2nd payment$0.00$0.00
Taxes / mo$43.33$43.33
Insurance / mo$150.00$150.00
MI / mo$0.00$65.16
HOA / mo$55.42$55.42
Total monthly$2,566.64$2,551.93
Cash to close$0$36,200