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$398,333$337,410
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$1,992$0
Note rate6.340%7.400%
Blended rate6.340%7.640%
1st payment$2,502.32$2,336.16
2nd payment$0.00$0.00
Taxes / mo$214.00$214.00
Insurance / mo$150.00$150.00
MI / mo$0.00$67.48
HOA / mo$0.00$0.00
Total monthly$2,866.32$2,767.64
Cash to close$0$37,490