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$367,855$332,999
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$1,839$0
Note rate6.570%7.400%
Blended rate6.570%7.640%
1st payment$2,433.45$2,305.62
2nd payment$0.00$0.00
Taxes / mo$234.58$234.58
Insurance / mo$150.00$150.00
MI / mo$0.00$66.60
HOA / mo$30.00$30.00
Total monthly$2,848.03$2,786.80
Cash to close$2,144$37,000