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$339,256$332,910
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$1,696$0
Note rate7.180%7.320%
Blended rate7.180%7.560%
1st payment$2,371.02$2,286.86
2nd payment$0.00$0.00
Taxes / mo$195.17$195.17
Insurance / mo$150.00$150.00
MI / mo$0.00$66.58
HOA / mo$277.00$277.00
Total monthly$2,993.19$2,975.61
Cash to close$30,644$36,990