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$337,030$229,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$1,685$0
Note rate4.990%7.400%
Blended rate4.990%7.640%
1st payment$1,930.36$1,589.01
2nd payment$0.00$0.00
Taxes / mo$61.58$61.58
Insurance / mo$150.00$150.00
MI / mo$0.00$45.90
HOA / mo$33.75$33.75
Total monthly$2,175.69$1,880.24
Cash to close$0$25,500