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$331,584$268,200
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$1,658$0
Note rate6.430%7.400%
Blended rate6.430%7.640%
1st payment$2,166.45$1,856.96
2nd payment$0.00$0.00
Taxes / mo$181.20$181.20
Insurance / mo$150.00$150.00
MI / mo$0.00$53.64
HOA / mo$375.00$375.00
Total monthly$2,872.66$2,616.81
Cash to close$0$29,800