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$377,100$355,500
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$1,885$0
Note rate6.790%7.320%
Blended rate6.790%7.560%
1st payment$2,547.88$2,442.04
2nd payment$0.00$0.00
Taxes / mo$171.67$171.67
Insurance / mo$150.00$150.00
MI / mo$0.00$71.10
HOA / mo$46.00$46.00
Total monthly$2,915.55$2,880.81
Cash to close$17,900$39,500