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$368,982$332,100
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,845$0
Note rate6.92%7.18%
Blended rate6.92%7.42%
1st payment$2,493.11$2,249.76
2nd payment$0.00$0.00
Taxes / mo$98.50$98.50
Insurance / mo$150.00$150.00
MI / mo$0.00$66.42
HOA / mo$104.00$104.00
Total monthly$2,845.61$2,668.68
Cash to close$18$36,900