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$296,352$206,100
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$1,482$0
Note rate6.160%7.400%
Blended rate6.160%7.640%
1st payment$1,819.87$1,426.99
2nd payment$0.00$0.00
Taxes / mo$322.58$322.58
Insurance / mo$150.00$150.00
MI / mo$0.00$41.22
HOA / mo$260.00$260.00
Total monthly$2,552.45$2,200.80
Cash to close$0$22,900