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$330,957$289,890
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$1,655$0
Note rate6.260%7.320%
Blended rate6.260%7.560%
1st payment$2,059.88$1,991.34
2nd payment$0.00$0.00
Taxes / mo$268.42$268.42
Insurance / mo$150.00$150.00
MI / mo$0.00$57.98
HOA / mo$33.33$33.33
Total monthly$2,511.63$2,501.07
Cash to close$0$32,210