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$303,079$175,500
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$1,515$0
Note rate6.810%7.400%
Blended rate6.810%7.640%
1st payment$2,051.67$1,215.13
2nd payment$0.00$0.00
Taxes / mo$445.67$445.67
Insurance / mo$150.00$150.00
MI / mo$0.00$35.10
HOA / mo$366.00$366.00
Total monthly$3,013.34$2,211.89
Cash to close$0$19,500