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$327,025$247,410
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$1,635$0
Note rate5.410%7.400%
Blended rate5.410%7.640%
1st payment$1,954.71$1,713.02
2nd payment$0.00$0.00
Taxes / mo$297.42$297.42
Insurance / mo$150.00$150.00
MI / mo$0.00$49.48
HOA / mo$0.00$0.00
Total monthly$2,402.13$2,209.92
Cash to close$0$27,490