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$313,360$292,500
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$1,567$0
Note rate6.670%7.400%
Blended rate6.670%7.640%
1st payment$2,090.69$2,025.21
2nd payment$0.00$0.00
Taxes / mo$163.24$163.24
Insurance / mo$150.00$150.00
MI / mo$0.00$58.50
HOA / mo$0.00$0.00
Total monthly$2,403.93$2,396.95
Cash to close$11,640$32,500