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$338,313$324,000
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,692$0
Note rate7.06%7.24%
Blended rate7.06%7.48%
1st payment$2,319.25$2,208.05
2nd payment$0.00$0.00
Taxes / mo$106.83$106.83
Insurance / mo$150.00$150.00
MI / mo$0.00$64.80
HOA / mo$0.00$0.00
Total monthly$2,576.09$2,529.69
Cash to close$21,687$36,000