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$323,787$33,750
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$1,619$0
Note rate6.710%7.320%
Blended rate6.710%7.560%
1st payment$2,168.59$231.84
2nd payment$0.00$0.00
Taxes / mo$31.25$31.25
Insurance / mo$150.00$150.00
MI / mo$0.00$6.75
HOA / mo$0.00$0.00
Total monthly$2,349.84$419.84
Cash to close$0$3,750