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$349,111$321,750
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$1,746$0
Note rate6.730%7.400%
Blended rate6.730%7.640%
1st payment$2,353.15$2,227.73
2nd payment$0.00$0.00
Taxes / mo$98.17$98.17
Insurance / mo$150.00$150.00
MI / mo$0.00$64.35
HOA / mo$0.00$0.00
Total monthly$2,601.32$2,540.25
Cash to close$8,389$35,750