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$325,634$287,550
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$1,628$0
Note rate6.670%7.400%
Blended rate6.670%7.640%
1st payment$2,125.79$1,990.94
2nd payment$0.00$0.00
Taxes / mo$75.17$75.17
Insurance / mo$150.00$150.00
MI / mo$0.00$57.51
HOA / mo$173.75$173.75
Total monthly$2,524.70$2,447.36
Cash to close$0$31,950