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$336,966$314,999
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,685$0
Note rate6.92%7.18%
Blended rate6.92%7.42%
1st payment$2,276.79$2,133.91
2nd payment$0.00$0.00
Taxes / mo$181.50$181.50
Insurance / mo$150.00$150.00
MI / mo$0.00$63.00
HOA / mo$0.00$0.00
Total monthly$2,608.29$2,528.41
Cash to close$13,033$35,000