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$335,021$314,910
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$1,675$0
Note rate6.900%7.400%
Blended rate6.900%7.640%
1st payment$2,305.10$2,180.37
2nd payment$0.00$0.00
Taxes / mo$100.00$100.00
Insurance / mo$150.00$150.00
MI / mo$0.00$62.98
HOA / mo$0.00$0.00
Total monthly$2,555.10$2,493.36
Cash to close$14,879$34,990