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$334,749$310,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,674$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$2,266.17$2,149.84
2nd payment$0.00$0.00
Taxes / mo$287.50$287.50
Insurance / mo$150.00$150.00
MI / mo$0.00$62.10
HOA / mo$25.00$25.00
Total monthly$2,728.67$2,674.44
Cash to close$10,251$34,500