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$259,840$236,610
Remaining term (yrs)29.630.0
Secondary amount$0$0
Funding fee$1,299$0
Note rate7.020%7.400%
Blended rate7.020%7.640%
1st payment$1,736.49$1,638.24
2nd payment$0.00$0.00
Taxes / mo$219.08$219.08
Insurance / mo$150.00$150.00
MI / mo$0.00$47.32
HOA / mo$0.00$0.00
Total monthly$2,105.58$2,054.65
Cash to close$3,060$26,290