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$350,638$296,910
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$1,753$0
Note rate5.78%7.18%
Blended rate5.78%7.42%
1st payment$2,183.61$2,011.37
2nd payment$0.00$0.00
Taxes / mo$118.17$118.17
Insurance / mo$150.00$150.00
MI / mo$0.00$59.38
HOA / mo$0.00$0.00
Total monthly$2,451.77$2,338.92
Cash to close$0$32,990