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$328,689$305,550
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$1,643$0
Note rate6.940%7.320%
Blended rate6.940%7.560%
1st payment$2,231.81$2,098.92
2nd payment$0.00$0.00
Taxes / mo$663.00$663.00
Insurance / mo$150.00$150.00
MI / mo$0.00$61.11
HOA / mo$0.00$0.00
Total monthly$3,044.81$2,973.03
Cash to close$10,811$33,950