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$335,633$252,000
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$1,678$0
Note rate4.720%7.400%
Blended rate4.720%7.640%
1st payment$1,881.82$1,744.80
2nd payment$0.00$0.00
Taxes / mo$233.33$233.33
Insurance / mo$150.00$150.00
MI / mo$0.00$50.40
HOA / mo$0.00$0.00
Total monthly$2,265.16$2,178.53
Cash to close$0$28,000