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$267,643$269,100
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$1,338$0
Note rate7.570%7.400%
Blended rate7.570%7.640%
1st payment$1,936.04$1,863.19
2nd payment$0.00$0.00
Taxes / mo$16.67$16.67
Insurance / mo$150.00$150.00
MI / mo$0.00$53.82
HOA / mo$180.00$180.00
Total monthly$2,282.71$2,263.68
Cash to close$31,357$29,900