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$326,088$292,410
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$1,630$0
Note rate6.960%7.320%
Blended rate6.960%7.560%
1st payment$2,199.13$2,008.65
2nd payment$0.00$0.00
Taxes / mo$270.75$270.75
Insurance / mo$150.00$150.00
MI / mo$0.00$58.48
HOA / mo$33.33$33.33
Total monthly$2,653.21$2,521.22
Cash to close$0$32,490