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$273,128$251,100
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$1,366$0
Note rate6.900%7.320%
Blended rate6.900%7.560%
1st payment$1,860.85$1,724.88
2nd payment$0.00$0.00
Taxes / mo$218.33$218.33
Insurance / mo$150.00$150.00
MI / mo$0.00$50.22
HOA / mo$8.33$8.33
Total monthly$2,237.51$2,151.77
Cash to close$5,872$27,900