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$379,663$317,610
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$1,898$0
Note rate7.620%7.400%
Blended rate7.620%7.640%
1st payment$2,759.05$2,199.07
2nd payment$0.00$0.00
Taxes / mo$384.29$384.29
Insurance / mo$150.00$150.00
MI / mo$0.00$63.52
HOA / mo$30.00$30.00
Total monthly$3,323.35$2,826.88
Cash to close$0$35,290