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$260,530$234,000
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$1,303$0
Note rate6.810%7.400%
Blended rate6.810%7.640%
1st payment$1,719.89$1,620.17
2nd payment$0.00$0.00
Taxes / mo$216.67$216.67
Insurance / mo$150.00$150.00
MI / mo$0.00$46.80
HOA / mo$0.00$0.00
Total monthly$2,086.55$2,033.64
Cash to close$0$26,000