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$341,542$297,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$1,708$0
Note rate6.540%7.400%
Blended rate6.540%7.640%
1st payment$2,255.42$2,056.37
2nd payment$0.00$0.00
Taxes / mo$402.51$402.51
Insurance / mo$150.00$150.00
MI / mo$0.00$59.40
HOA / mo$35.42$35.42
Total monthly$2,843.35$2,703.70
Cash to close$0$33,000