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$303,763$244,800
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$1,519$0
Note rate6.220%7.400%
Blended rate6.220%7.640%
1st payment$1,880.89$1,694.95
2nd payment$0.00$0.00
Taxes / mo$305.00$305.00
Insurance / mo$150.00$150.00
MI / mo$0.00$48.96
HOA / mo$100.00$100.00
Total monthly$2,435.89$2,298.91
Cash to close$0$27,200