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$296,473$269,999
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$1,482$0
Note rate6.670%7.400%
Blended rate6.670%7.640%
1st payment$1,929.87$1,869.42
2nd payment$0.00$0.00
Taxes / mo$135.00$135.00
Insurance / mo$150.00$150.00
MI / mo$0.00$54.00
HOA / mo$265.00$265.00
Total monthly$2,479.87$2,473.42
Cash to close$3,526$30,000