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$351,227$265,410
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$1,756$0
Note rate7.310%7.400%
Blended rate7.310%7.640%
1st payment$2,482.34$1,837.65
2nd payment$0.00$0.00
Taxes / mo$127.67$127.67
Insurance / mo$150.00$150.00
MI / mo$0.00$53.08
HOA / mo$96.00$96.00
Total monthly$2,856.01$2,264.39
Cash to close$0$29,490