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$326,574$292,499
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$1,633$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$2,153.27$2,009.27
2nd payment$0.00$0.00
Taxes / mo$219.92$219.92
Insurance / mo$150.00$150.00
MI / mo$0.00$58.50
HOA / mo$40.00$40.00
Total monthly$2,563.18$2,477.68
Cash to close$0$32,500