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$287,775$256,500
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$1,439$0
Note rate6.580%7.320%
Blended rate6.580%7.560%
1st payment$1,852.74$1,761.98
2nd payment$0.00$0.00
Taxes / mo$306.67$306.67
Insurance / mo$150.00$150.00
MI / mo$0.00$51.30
HOA / mo$255.00$255.00
Total monthly$2,564.41$2,524.94
Cash to close$0$28,500