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$299,976$269,820
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$1,500$0
Note rate6.640%7.400%
Blended rate6.640%7.640%
1st payment$1,980.44$1,868.18
2nd payment$0.00$0.00
Taxes / mo$249.83$249.83
Insurance / mo$150.00$150.00
MI / mo$0.00$53.96
HOA / mo$0.00$0.00
Total monthly$2,380.27$2,321.98
Cash to close$0$29,980