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$289,836$239,400
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$1,449$0
Note rate6.810%7.400%
Blended rate6.810%7.640%
1st payment$1,957.77$1,657.56
2nd payment$0.00$0.00
Taxes / mo$87.75$87.75
Insurance / mo$150.00$150.00
MI / mo$0.00$47.88
HOA / mo$240.00$240.00
Total monthly$2,435.52$2,183.19
Cash to close$0$26,600