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$289,725$261,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$1,449$0
Note rate6.770%7.400%
Blended rate6.770%7.640%
1st payment$1,925.31$1,807.11
2nd payment$0.00$0.00
Taxes / mo$241.67$241.67
Insurance / mo$150.00$150.00
MI / mo$0.00$52.20
HOA / mo$0.00$0.00
Total monthly$2,316.98$2,250.98
Cash to close$275$29,000