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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$373,443$283,500
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$1,867$0
Note rate5.7%7.24%
Blended rate5.7%7.48%
1st payment$2,304.16$1,932.05
2nd payment$0.00$0.00
Taxes / mo$169.67$169.67
Insurance / mo$150.00$150.00
MI / mo$0.00$56.70
HOA / mo$0.00$0.00
Total monthly$2,623.83$2,308.41
Cash to close$0$31,500