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$398,337$323,100
Remaining term (yrs)37.130.0
Secondary amount$0$0
Funding fee$1,992$0
Note rate7.760%7.320%
Blended rate7.760%7.560%
1st payment$2,728.90$2,219.47
2nd payment$0.00$0.00
Taxes / mo$367.42$367.42
Insurance / mo$150.00$150.00
MI / mo$0.00$64.62
HOA / mo$20.08$20.08
Total monthly$3,266.40$2,821.59
Cash to close$0$35,900