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$288,929$211,500
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$1,445$0
Note rate6.430%7.320%
Blended rate6.430%7.560%
1st payment$1,885.55$1,452.86
2nd payment$0.00$0.00
Taxes / mo$313.46$313.46
Insurance / mo$150.00$150.00
MI / mo$0.00$42.30
HOA / mo$412.00$412.00
Total monthly$2,761.01$2,370.62
Cash to close$0$23,500