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$291,254$229,491
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$1,456$0
Note rate6.760%7.400%
Blended rate6.760%7.640%
1st payment$1,916.71$1,588.95
2nd payment$0.00$0.00
Taxes / mo$84.33$84.33
Insurance / mo$150.00$150.00
MI / mo$0.00$45.90
HOA / mo$265.00$265.00
Total monthly$2,416.04$2,134.18
Cash to close$0$25,499