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$327,351$254,565
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$1,637$0
Note rate7.080%7.400%
Blended rate7.080%7.640%
1st payment$2,292.93$1,762.56
2nd payment$0.00$0.00
Taxes / mo$255.92$255.92
Insurance / mo$150.00$150.00
MI / mo$0.00$50.91
HOA / mo$406.00$406.00
Total monthly$3,104.85$2,625.39
Cash to close$0$28,285