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$345,099$335,610
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$1,725$0
Note rate7.290%7.400%
Blended rate7.290%7.640%
1st payment$2,429.76$2,323.70
2nd payment$0.00$0.00
Taxes / mo$238.67$238.67
Insurance / mo$150.00$150.00
MI / mo$0.00$67.12
HOA / mo$27.00$27.00
Total monthly$2,845.42$2,806.48
Cash to close$27,801$37,290