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$247,735$250,200
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$1,239$0
Note rate7.760%7.320%
Blended rate7.760%7.560%
1st payment$1,823.59$1,718.70
2nd payment$0.00$0.00
Taxes / mo$298.75$298.75
Insurance / mo$150.00$150.00
MI / mo$0.00$50.04
HOA / mo$0.00$0.00
Total monthly$2,272.34$2,217.49
Cash to close$30,265$27,800