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$383,269$350,100
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$1,916$0
Note rate6.710%7.400%
Blended rate6.710%7.640%
1st payment$2,566.97$2,424.02
2nd payment$0.00$0.00
Taxes / mo$422.92$422.92
Insurance / mo$150.00$150.00
MI / mo$0.00$70.02
HOA / mo$0.00$0.00
Total monthly$3,139.89$3,066.96
Cash to close$5,731$38,900