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$352,591$270,000
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$1,763$0
Note rate5.100%7.400%
Blended rate5.100%7.640%
1st payment$2,055.12$1,869.43
2nd payment$0.00$0.00
Taxes / mo$153.58$153.58
Insurance / mo$150.00$150.00
MI / mo$0.00$54.00
HOA / mo$0.00$0.00
Total monthly$2,358.70$2,227.01
Cash to close$0$30,000