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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$388,212$385,200
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$1,941$0
Note rate7.290%7.320%
Blended rate7.290%7.560%
1st payment$2,733.30$2,646.06
2nd payment$0.00$0.00
Taxes / mo$159.25$159.25
Insurance / mo$150.00$150.00
MI / mo$0.00$77.04
HOA / mo$0.00$0.00
Total monthly$3,042.55$3,032.35
Cash to close$39,788$42,800