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$335,494$314,910
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$1,677$0
Note rate7.080%7.400%
Blended rate7.080%7.640%
1st payment$2,347.39$2,180.37
2nd payment$0.00$0.00
Taxes / mo$99.99$99.99
Insurance / mo$150.00$150.00
MI / mo$0.00$62.98
HOA / mo$0.00$0.00
Total monthly$2,597.38$2,493.34
Cash to close$14,406$34,990