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$324,706$233,910
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,624$0
Note rate6.870%7.320%
Blended rate6.870%7.560%
1st payment$2,181.15$1,606.80
2nd payment$0.00$0.00
Taxes / mo$216.58$216.58
Insurance / mo$150.00$150.00
MI / mo$0.00$46.78
HOA / mo$169.00$169.00
Total monthly$2,716.73$2,189.16
Cash to close$0$25,990