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$399,180$296,100
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$1,996$0
Note rate4.98%7.18%
Blended rate4.98%7.42%
1st payment$2,298.52$2,005.88
2nd payment$0.00$0.00
Taxes / mo$71.50$71.50
Insurance / mo$150.00$150.00
MI / mo$0.00$59.22
HOA / mo$75.00$75.00
Total monthly$2,595.02$2,361.60
Cash to close$0$32,900