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$273,179$2,250
Remaining term (yrs)23.730.0
Secondary amount$0$0
Funding fee$1,366$0
Note rate3.130%7.400%
Blended rate3.130%7.640%
1st payment$1,356.52$15.58
2nd payment$0.00$0.00
Taxes / mo$2.08$2.08
Insurance / mo$150.00$150.00
MI / mo$0.00$0.45
HOA / mo$0.00$0.00
Total monthly$1,508.60$168.11
Cash to close$0$250