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$368,142$307,350
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$1,841$0
Note rate6.120%7.400%
Blended rate6.120%7.640%
1st payment$2,287.35$2,128.03
2nd payment$0.00$0.00
Taxes / mo$92.76$92.76
Insurance / mo$150.00$150.00
MI / mo$0.00$61.47
HOA / mo$0.00$0.00
Total monthly$2,530.10$2,432.26
Cash to close$0$34,150