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$265,566$241,200
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$1,328$0
Note rate6.600%7.400%
Blended rate6.600%7.640%
1st payment$1,748.30$1,670.02
2nd payment$0.00$0.00
Taxes / mo$223.33$223.33
Insurance / mo$150.00$150.00
MI / mo$0.00$48.24
HOA / mo$0.00$0.00
Total monthly$2,121.63$2,091.59
Cash to close$2,434$26,800