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$350,979$292,500
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$1,755$0
Note rate6.570%7.400%
Blended rate6.570%7.640%
1st payment$2,321.81$2,025.21
2nd payment$0.00$0.00
Taxes / mo$531.17$531.17
Insurance / mo$150.00$150.00
MI / mo$0.00$58.50
HOA / mo$0.00$0.00
Total monthly$3,002.97$2,764.88
Cash to close$0$32,500