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$345,571$269,100
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$1,728$0
Note rate6.300%7.400%
Blended rate6.300%7.640%
1st payment$2,159.78$1,863.19
2nd payment$0.00$0.00
Taxes / mo$102.96$102.96
Insurance / mo$150.00$150.00
MI / mo$0.00$53.82
HOA / mo$187.00$187.00
Total monthly$2,599.73$2,356.97
Cash to close$0$29,900