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$302,479$269,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$1,512$0
Note rate6.730%7.400%
Blended rate6.730%7.640%
1st payment$2,038.83$1,863.19
2nd payment$0.00$0.00
Taxes / mo$363.19$363.19
Insurance / mo$150.00$150.00
MI / mo$0.00$53.82
HOA / mo$8.33$8.33
Total monthly$2,560.36$2,438.54
Cash to close$0$29,900