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$297,529$269,100
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,488$0
Note rate6.490%7.320%
Blended rate6.490%7.560%
1st payment$1,925.17$1,848.53
2nd payment$0.00$0.00
Taxes / mo$425.77$425.77
Insurance / mo$150.00$150.00
MI / mo$0.00$53.82
HOA / mo$297.00$297.00
Total monthly$2,797.94$2,775.12
Cash to close$1,471$29,900