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$363,239$332,999
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$1,816$0
Note rate6.640%7.400%
Blended rate6.640%7.640%
1st payment$2,398.10$2,305.62
2nd payment$0.00$0.00
Taxes / mo$308.67$308.67
Insurance / mo$150.00$150.00
MI / mo$0.00$66.60
HOA / mo$111.00$111.00
Total monthly$2,967.77$2,941.88
Cash to close$6,760$37,000