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$349,893$274,500
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$1,749$0
Note rate4.980%7.400%
Blended rate4.980%7.640%
1st payment$2,011.50$1,900.58
2nd payment$0.00$0.00
Taxes / mo$127.86$127.86
Insurance / mo$150.00$150.00
MI / mo$0.00$54.90
HOA / mo$60.00$60.00
Total monthly$2,349.36$2,293.35
Cash to close$0$30,500