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$307,202$287,910
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$1,536$0
Note rate6.790%7.400%
Blended rate6.790%7.640%
1st payment$2,075.62$1,993.43
2nd payment$0.00$0.00
Taxes / mo$266.58$266.58
Insurance / mo$150.00$150.00
MI / mo$0.00$57.58
HOA / mo$26.42$26.42
Total monthly$2,518.62$2,494.02
Cash to close$12,698$31,990