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$303,678$206,100
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$1,518$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$2,099.24$1,426.99
2nd payment$0.00$0.00
Taxes / mo$88.83$88.83
Insurance / mo$150.00$150.00
MI / mo$0.00$41.22
HOA / mo$245.00$245.00
Total monthly$2,583.07$1,952.05
Cash to close$0$22,900