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$353,752$269,910
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$1,769$0
Note rate6.620%7.400%
Blended rate6.620%7.640%
1st payment$2,335.93$1,868.80
2nd payment$0.00$0.00
Taxes / mo$133.50$133.50
Insurance / mo$150.00$150.00
MI / mo$0.00$53.98
HOA / mo$0.00$0.00
Total monthly$2,619.43$2,206.28
Cash to close$0$29,990