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$339,053$278,100
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$1,695$0
Note rate5.230%7.320%
Blended rate5.230%7.560%
1st payment$1,996.15$1,910.35
2nd payment$0.00$0.00
Taxes / mo$658.25$658.25
Insurance / mo$150.00$150.00
MI / mo$0.00$55.62
HOA / mo$480.00$480.00
Total monthly$3,284.40$3,254.22
Cash to close$0$30,900