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$346,861$305,730
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$1,734$0
Note rate6.810%7.400%
Blended rate6.810%7.640%
1st payment$2,291.92$2,116.81
2nd payment$0.00$0.00
Taxes / mo$283.08$283.08
Insurance / mo$150.00$150.00
MI / mo$0.00$61.15
HOA / mo$56.67$56.67
Total monthly$2,781.67$2,667.71
Cash to close$0$33,970