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$373,854$328,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$1,869$0
Note rate6.820%7.400%
Blended rate6.820%7.640%
1st payment$2,514.39$2,274.47
2nd payment$0.00$0.00
Taxes / mo$288.17$288.17
Insurance / mo$150.00$150.00
MI / mo$0.00$65.70
HOA / mo$69.00$69.00
Total monthly$3,021.56$2,847.33
Cash to close$0$36,500