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$268,867$225,000
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$1,344$0
Note rate6.240%7.320%
Blended rate6.240%7.560%
1st payment$1,664.97$1,545.59
2nd payment$0.00$0.00
Taxes / mo$208.33$208.33
Insurance / mo$150.00$150.00
MI / mo$0.00$45.00
HOA / mo$0.00$0.00
Total monthly$2,023.30$1,948.93
Cash to close$0$25,000