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$366,102$333,000
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$1,831$0
Note rate7.310%7.400%
Blended rate7.310%7.640%
1st payment$2,587.47$2,305.62
2nd payment$0.00$0.00
Taxes / mo$104.42$104.42
Insurance / mo$150.00$150.00
MI / mo$0.00$66.60
HOA / mo$0.00$0.00
Total monthly$2,841.89$2,626.64
Cash to close$3,898$37,000