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$398,465$359,910
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$1,992$0
Note rate7.100%7.400%
Blended rate7.100%7.640%
1st payment$2,742.13$2,491.94
2nd payment$0.00$0.00
Taxes / mo$333.25$333.25
Insurance / mo$150.00$150.00
MI / mo$0.00$71.98
HOA / mo$0.00$0.00
Total monthly$3,225.38$3,047.18
Cash to close$1,435$39,990