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$326,151$301,410
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$1,631$0
Note rate6.660%7.400%
Blended rate6.660%7.640%
1st payment$2,157.46$2,086.90
2nd payment$0.00$0.00
Taxes / mo$143.08$143.08
Insurance / mo$150.00$150.00
MI / mo$0.00$60.28
HOA / mo$30.00$30.00
Total monthly$2,480.54$2,470.27
Cash to close$8,749$33,490