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$323,019$301,500
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,615$0
Note rate7.030%7.400%
Blended rate7.030%7.640%
1st payment$2,205.89$2,087.53
2nd payment$0.00$0.00
Taxes / mo$279.17$279.17
Insurance / mo$150.00$150.00
MI / mo$0.00$60.30
HOA / mo$33.33$33.33
Total monthly$2,668.38$2,610.32
Cash to close$11,981$33,500