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$320,211$267,300
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$1,601$0
Note rate7.100%7.320%
Blended rate7.100%7.560%
1st payment$2,203.60$1,836.17
2nd payment$0.00$0.00
Taxes / mo$152.25$152.25
Insurance / mo$150.00$150.00
MI / mo$0.00$53.46
HOA / mo$0.00$0.00
Total monthly$2,505.85$2,191.88
Cash to close$0$29,700