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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$383,740$333,000
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$1,919$0
Note rate6.6%7.24%
Blended rate6.6%7.48%
1st payment$2,554.64$2,269.39
2nd payment$0.00$0.00
Taxes / mo$109.00$109.00
Insurance / mo$150.00$150.00
MI / mo$0.00$66.60
HOA / mo$0.00$0.00
Total monthly$2,813.64$2,594.99
Cash to close$0$37,000