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$298,599$269,999
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$1,493$0
Note rate6.810%7.400%
Blended rate6.810%7.640%
1st payment$2,016.96$1,869.42
2nd payment$0.00$0.00
Taxes / mo$42.83$42.83
Insurance / mo$150.00$150.00
MI / mo$0.00$54.00
HOA / mo$320.00$320.00
Total monthly$2,529.80$2,436.25
Cash to close$1,400$30,000