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$299,886$269,991
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$1,499$0
Note rate6.990%7.400%
Blended rate6.990%7.640%
1st payment$2,036.08$1,869.36
2nd payment$0.00$0.00
Taxes / mo$249.99$249.99
Insurance / mo$150.00$150.00
MI / mo$0.00$54.00
HOA / mo$0.00$0.00
Total monthly$2,436.07$2,323.35
Cash to close$104$29,999