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$359,091$287,910
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$1,795$0
Note rate5.250%7.400%
Blended rate5.250%7.640%
1st payment$2,118.39$1,993.43
2nd payment$0.00$0.00
Taxes / mo$64.48$64.48
Insurance / mo$150.00$150.00
MI / mo$0.00$57.58
HOA / mo$79.33$79.33
Total monthly$2,412.20$2,344.82
Cash to close$0$31,990