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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$388,978$330,750
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$1,945$0
Note rate6.46%7.18%
Blended rate6.46%7.42%
1st payment$2,506.72$2,240.62
2nd payment$0.00$0.00
Taxes / mo$123.42$123.42
Insurance / mo$150.00$150.00
MI / mo$0.00$66.15
HOA / mo$78.00$78.00
Total monthly$2,858.14$2,658.18
Cash to close$0$36,750