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$383,738$373,500
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$1,919$0
Note rate7.440%7.400%
Blended rate7.440%7.640%
1st payment$2,740.00$2,586.04
2nd payment$0.00$0.00
Taxes / mo$288.42$288.42
Insurance / mo$150.00$150.00
MI / mo$0.00$74.70
HOA / mo$56.00$56.00
Total monthly$3,234.42$3,155.16
Cash to close$31,262$41,500