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$402,282$341,910
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$2,011$0
Note rate6.350%7.320%
Blended rate6.350%7.560%
1st payment$2,527.23$2,348.68
2nd payment$0.00$0.00
Taxes / mo$152.67$152.67
Insurance / mo$150.00$150.00
MI / mo$0.00$68.38
HOA / mo$115.00$115.00
Total monthly$2,944.90$2,834.73
Cash to close$0$37,990