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$359,199$243,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$1,796$0
Note rate6.640%7.400%
Blended rate6.640%7.640%
1st payment$2,371.43$1,682.48
2nd payment$0.00$0.00
Taxes / mo$223.08$223.08
Insurance / mo$150.00$150.00
MI / mo$0.00$48.60
HOA / mo$380.00$380.00
Total monthly$3,124.51$2,484.17
Cash to close$0$27,000