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$307,991$268,200
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$1,540$0
Note rate6.810%7.400%
Blended rate6.810%7.640%
1st payment$2,033.19$1,856.96
2nd payment$0.00$0.00
Taxes / mo$163.67$163.67
Insurance / mo$150.00$150.00
MI / mo$0.00$53.64
HOA / mo$0.00$0.00
Total monthly$2,346.86$2,224.27
Cash to close$0$29,800