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$309,482$19,800
Remaining term (yrs)22.930.0
Secondary amount$0$0
Funding fee$1,547$0
Note rate3.770%7.400%
Blended rate3.770%7.640%
1st payment$1,678.50$137.09
2nd payment$0.00$0.00
Taxes / mo$21.83$21.83
Insurance / mo$150.00$150.00
MI / mo$0.00$3.96
HOA / mo$25.00$25.00
Total monthly$1,875.33$337.88
Cash to close$0$2,200