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$341,891$305,991
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$1,709$0
Note rate6.810%7.400%
Blended rate6.810%7.640%
1st payment$2,329.93$2,118.62
2nd payment$0.00$0.00
Taxes / mo$124.67$124.67
Insurance / mo$150.00$150.00
MI / mo$0.00$61.20
HOA / mo$73.00$73.00
Total monthly$2,677.59$2,527.48
Cash to close$0$33,999