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$287,697$269,999
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$1,438$0
Note rate6.870%7.400%
Blended rate6.870%7.640%
1st payment$1,938.35$1,869.42
2nd payment$0.00$0.00
Taxes / mo$129.23$129.23
Insurance / mo$150.00$150.00
MI / mo$0.00$54.00
HOA / mo$45.00$45.00
Total monthly$2,262.58$2,247.65
Cash to close$12,302$30,000