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$381,343$359,910
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$1,907$0
Note rate6.890%7.400%
Blended rate6.890%7.640%
1st payment$2,648.99$2,491.94
2nd payment$0.00$0.00
Taxes / mo$198.87$198.87
Insurance / mo$150.00$150.00
MI / mo$0.00$71.98
HOA / mo$0.00$0.00
Total monthly$2,997.85$2,912.79
Cash to close$18,557$39,990