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$379,185$292,500
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$1,896$0
Note rate5.270%7.400%
Blended rate5.270%7.640%
1st payment$2,241.44$2,025.21
2nd payment$0.00$0.00
Taxes / mo$125.33$125.33
Insurance / mo$150.00$150.00
MI / mo$0.00$58.50
HOA / mo$104.00$104.00
Total monthly$2,620.78$2,463.04
Cash to close$0$32,500