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$353,393$340,200
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$1,767$0
Note rate7.090%7.320%
Blended rate7.090%7.560%
1st payment$2,448.96$2,336.94
2nd payment$0.00$0.00
Taxes / mo$225.83$225.83
Insurance / mo$150.00$150.00
MI / mo$0.00$68.04
HOA / mo$0.00$0.00
Total monthly$2,824.79$2,780.81
Cash to close$24,607$37,800