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$341,063$269,100
Remaining term (yrs)29.530.0
Secondary amount$0$0
Funding fee$1,705$0
Note rate6.230%7.400%
Blended rate6.230%7.640%
1st payment$2,103.63$1,863.19
2nd payment$0.00$0.00
Taxes / mo$283.00$283.00
Insurance / mo$150.00$150.00
MI / mo$0.00$53.82
HOA / mo$154.00$154.00
Total monthly$2,690.63$2,504.01
Cash to close$0$29,900