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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$358,815$243,000
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$1,794$0
Note rate6.64%7.24%
Blended rate6.64%7.48%
1st payment$2,371.43$1,656.04
2nd payment$0.00$0.00
Taxes / mo$223.08$223.08
Insurance / mo$150.00$150.00
MI / mo$0.00$48.60
HOA / mo$380.00$380.00
Total monthly$3,124.51$2,457.72
Cash to close$0$27,000