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$263,227$238,500
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$1,316$0
Note rate6.620%7.400%
Blended rate6.620%7.640%
1st payment$1,738.16$1,651.33
2nd payment$0.00$0.00
Taxes / mo$560.99$560.99
Insurance / mo$150.00$150.00
MI / mo$0.00$47.70
HOA / mo$276.00$276.00
Total monthly$2,725.15$2,686.01
Cash to close$1,773$26,500