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$358,951$341,999
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$1,795$0
Note rate6.900%7.400%
Blended rate6.900%7.640%
1st payment$2,469.75$2,367.93
2nd payment$0.00$0.00
Taxes / mo$533.59$533.59
Insurance / mo$150.00$150.00
MI / mo$0.00$68.40
HOA / mo$0.00$0.00
Total monthly$3,153.34$3,119.92
Cash to close$21,048$38,000