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$344,797$292,500
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$1,724$0
Note rate6.670%7.400%
Blended rate6.670%7.640%
1st payment$2,253.07$2,025.21
2nd payment$0.00$0.00
Taxes / mo$103.46$103.46
Insurance / mo$150.00$150.00
MI / mo$0.00$58.50
HOA / mo$26.50$26.50
Total monthly$2,533.03$2,363.67
Cash to close$0$32,500