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$342,994$305,910
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$1,715$0
Note rate6.660%7.400%
Blended rate6.660%7.640%
1st payment$2,271.29$2,118.06
2nd payment$0.00$0.00
Taxes / mo$97.81$97.81
Insurance / mo$150.00$150.00
MI / mo$0.00$61.18
HOA / mo$0.00$0.00
Total monthly$2,519.11$2,427.06
Cash to close$0$33,990