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$311,619$269,100
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$1,558$0
Note rate6.780%7.400%
Blended rate6.780%7.640%
1st payment$2,083.40$1,863.19
2nd payment$0.00$0.00
Taxes / mo$374.83$374.83
Insurance / mo$150.00$150.00
MI / mo$0.00$53.82
HOA / mo$511.00$511.00
Total monthly$3,119.23$2,952.85
Cash to close$0$29,900