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$397,935$337,410
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$1,990$0
Note rate6.34%7.24%
Blended rate6.34%7.48%
1st payment$2,502.32$2,299.44
2nd payment$0.00$0.00
Taxes / mo$214.00$214.00
Insurance / mo$150.00$150.00
MI / mo$0.00$67.48
HOA / mo$0.00$0.00
Total monthly$2,866.32$2,730.92
Cash to close$0$37,490