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$345,809$279,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$1,729$0
Note rate6.270%7.400%
Blended rate6.270%7.640%
1st payment$2,224.39$1,931.74
2nd payment$0.00$0.00
Taxes / mo$668.92$668.92
Insurance / mo$150.00$150.00
MI / mo$0.00$55.80
HOA / mo$60.00$60.00
Total monthly$3,103.31$2,866.46
Cash to close$0$31,000