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$300,463$206,100
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$1,502$0
Note rate6.760%7.400%
Blended rate6.760%7.640%
1st payment$1,982.98$1,426.99
2nd payment$0.00$0.00
Taxes / mo$150.90$150.90
Insurance / mo$150.00$150.00
MI / mo$0.00$41.22
HOA / mo$0.00$0.00
Total monthly$2,283.88$1,769.12
Cash to close$0$22,900