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$272,507$256,410
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,363$0
Note rate7.030%7.320%
Blended rate7.030%7.560%
1st payment$1,860.94$1,761.36
2nd payment$0.00$0.00
Taxes / mo$237.42$237.42
Insurance / mo$150.00$150.00
MI / mo$0.00$51.28
HOA / mo$0.00$0.00
Total monthly$2,248.36$2,200.06
Cash to close$12,393$28,490