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$333,663$283,500
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$1,668$0
Note rate7.760%7.400%
Blended rate7.760%7.640%
1st payment$2,453.94$1,962.90
2nd payment$0.00$0.00
Taxes / mo$262.50$262.50
Insurance / mo$150.00$150.00
MI / mo$0.00$56.70
HOA / mo$0.00$0.00
Total monthly$2,866.44$2,432.10
Cash to close$0$31,500