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$334,337$314,100
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,672$0
Note rate6.990%7.400%
Blended rate6.990%7.640%
1st payment$2,274.38$2,174.76
2nd payment$0.00$0.00
Taxes / mo$220.50$220.50
Insurance / mo$150.00$150.00
MI / mo$0.00$62.82
HOA / mo$0.00$0.00
Total monthly$2,644.88$2,608.08
Cash to close$14,663$34,900