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$327,409$269,910
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$1,637$0
Note rate6.600%7.400%
Blended rate6.600%7.640%
1st payment$2,177.12$1,868.80
2nd payment$0.00$0.00
Taxes / mo$383.92$383.92
Insurance / mo$150.00$150.00
MI / mo$0.00$53.98
HOA / mo$756.00$756.00
Total monthly$3,467.04$3,212.70
Cash to close$0$29,990