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$365,952$332,799
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$1,830$0
Note rate7.440%7.400%
Blended rate7.440%7.640%
1st payment$2,613.00$2,304.24
2nd payment$0.00$0.00
Taxes / mo$79.42$79.42
Insurance / mo$150.00$150.00
MI / mo$0.00$66.56
HOA / mo$0.00$0.00
Total monthly$2,842.42$2,600.21
Cash to close$3,825$36,978