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$395,646$315,000
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$1,978$0
Note rate5.54%7.24%
Blended rate5.54%7.48%
1st payment$2,402.80$2,146.72
2nd payment$0.00$0.00
Taxes / mo$221.75$221.75
Insurance / mo$150.00$150.00
MI / mo$0.00$63.00
HOA / mo$81.00$81.00
Total monthly$2,855.55$2,662.47
Cash to close$0$35,000