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$375,684$328,500
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$1,878$0
Note rate6.330%7.400%
Blended rate6.330%7.640%
1st payment$2,445.56$2,274.47
2nd payment$0.00$0.00
Taxes / mo$99.92$99.92
Insurance / mo$150.00$150.00
MI / mo$0.00$65.70
HOA / mo$0.00$0.00
Total monthly$2,695.48$2,590.08
Cash to close$0$36,500