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$329,505$292,500
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$1,648$0
Note rate6.390%7.400%
Blended rate6.390%7.640%
1st payment$2,141.99$2,025.21
2nd payment$0.00$0.00
Taxes / mo$270.83$270.83
Insurance / mo$150.00$150.00
MI / mo$0.00$58.50
HOA / mo$0.00$0.00
Total monthly$2,562.82$2,504.54
Cash to close$0$32,500