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$333,878$202,500
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$1,669$0
Note rate6.960%7.320%
Blended rate6.960%7.560%
1st payment$2,285.37$1,391.03
2nd payment$0.00$0.00
Taxes / mo$314.08$314.08
Insurance / mo$150.00$150.00
MI / mo$0.00$40.50
HOA / mo$90.00$90.00
Total monthly$2,839.45$1,985.62
Cash to close$0$22,500