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$393,509$326,679
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$1,968$0
Note rate6.63%7.18%
Blended rate6.63%7.42%
1st payment$2,561.10$2,213.04
2nd payment$0.00$0.00
Taxes / mo$200.08$200.08
Insurance / mo$150.00$150.00
MI / mo$0.00$65.34
HOA / mo$0.00$0.00
Total monthly$2,911.18$2,628.46
Cash to close$0$36,298