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$331,827$296,100
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$1,659$0
Note rate6.270%7.320%
Blended rate6.270%7.560%
1st payment$2,134.45$2,034.00
2nd payment$0.00$0.00
Taxes / mo$151.00$151.00
Insurance / mo$150.00$150.00
MI / mo$0.00$59.22
HOA / mo$153.00$153.00
Total monthly$2,588.45$2,547.22
Cash to close$0$32,900