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$348,107$269,910
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$1,741$0
Note rate6.890%7.400%
Blended rate6.890%7.640%
1st payment$2,415.22$1,868.80
2nd payment$0.00$0.00
Taxes / mo$352.50$352.50
Insurance / mo$150.00$150.00
MI / mo$0.00$53.98
HOA / mo$0.00$0.00
Total monthly$2,917.72$2,425.28
Cash to close$0$29,990