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$319,501$291,600
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$1,598$0
Note rate6.660%7.400%
Blended rate6.660%7.640%
1st payment$2,113.47$2,018.98
2nd payment$0.00$0.00
Taxes / mo$81.85$81.85
Insurance / mo$150.00$150.00
MI / mo$0.00$58.32
HOA / mo$245.00$245.00
Total monthly$2,590.32$2,554.15
Cash to close$4,499$32,400