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$329,950$305,100
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,650$0
Note rate6.920%7.400%
Blended rate6.920%7.640%
1st payment$2,227.19$2,112.45
2nd payment$0.00$0.00
Taxes / mo$385.25$385.25
Insurance / mo$150.00$150.00
MI / mo$0.00$61.02
HOA / mo$33.33$33.33
Total monthly$2,795.77$2,742.05
Cash to close$9,050$33,900