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$402,253$373,499
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$2,011$0
Note rate6.600%7.400%
Blended rate6.600%7.640%
1st payment$2,674.80$2,586.03
2nd payment$0.00$0.00
Taxes / mo$366.43$366.43
Insurance / mo$150.00$150.00
MI / mo$0.00$74.70
HOA / mo$0.00$0.00
Total monthly$3,191.23$3,177.16
Cash to close$12,746$41,500