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$264,881$234,900
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$1,324$0
Note rate6.620%7.400%
Blended rate6.620%7.640%
1st payment$1,718.86$1,626.40
2nd payment$0.00$0.00
Taxes / mo$217.50$217.50
Insurance / mo$150.00$150.00
MI / mo$0.00$46.98
HOA / mo$0.00$0.00
Total monthly$2,086.36$2,040.88
Cash to close$0$26,100