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$270,105$257,400
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,351$0
Note rate7.100%7.400%
Blended rate7.100%7.640%
1st payment$1,857.01$1,782.19
2nd payment$0.00$0.00
Taxes / mo$293.00$293.00
Insurance / mo$150.00$150.00
MI / mo$0.00$51.48
HOA / mo$0.00$0.00
Total monthly$2,300.01$2,276.67
Cash to close$15,895$28,600