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$366,320$355,050
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$1,832$0
Note rate7.170%7.400%
Blended rate7.170%7.640%
1st payment$2,537.84$2,458.29
2nd payment$0.00$0.00
Taxes / mo$80.08$80.08
Insurance / mo$150.00$150.00
MI / mo$0.00$71.01
HOA / mo$0.00$0.00
Total monthly$2,767.93$2,759.39
Cash to close$28,180$39,450