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$243,119$238,410
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$1,216$0
Note rate7.570%7.320%
Blended rate7.570%7.560%
1st payment$1,761.91$1,637.71
2nd payment$0.00$0.00
Taxes / mo$147.42$147.42
Insurance / mo$150.00$150.00
MI / mo$0.00$47.68
HOA / mo$0.00$0.00
Total monthly$2,059.33$1,982.81
Cash to close$21,781$26,490