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$384,231$355,410
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$1,921$0
Note rate6.810%7.320%
Blended rate6.810%7.560%
1st payment$2,595.39$2,441.42
2nd payment$0.00$0.00
Taxes / mo$372.08$372.08
Insurance / mo$150.00$150.00
MI / mo$0.00$71.08
HOA / mo$38.33$38.33
Total monthly$3,155.80$3,072.92
Cash to close$10,669$39,490