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$293,669$247,491
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$1,468$0
Note rate6.470%7.400%
Blended rate6.470%7.640%
1st payment$1,894.41$1,713.58
2nd payment$0.00$0.00
Taxes / mo$229.16$229.16
Insurance / mo$150.00$150.00
MI / mo$0.00$49.50
HOA / mo$1.42$1.42
Total monthly$2,274.99$2,143.65
Cash to close$0$27,499