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$258,030$225,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$1,290$0
Note rate6.900%7.320%
Blended rate6.900%7.560%
1st payment$1,745.29$1,545.59
2nd payment$0.00$0.00
Taxes / mo$127.59$127.59
Insurance / mo$150.00$150.00
MI / mo$0.00$45.00
HOA / mo$0.00$0.00
Total monthly$2,022.88$1,868.18
Cash to close$0$25,000