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$277,413$261,000
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$1,387$0
Note rate7.100%7.320%
Blended rate7.100%7.560%
1st payment$1,909.07$1,792.89
2nd payment$0.00$0.00
Taxes / mo$172.50$172.50
Insurance / mo$150.00$150.00
MI / mo$0.00$52.20
HOA / mo$0.00$0.00
Total monthly$2,231.57$2,167.59
Cash to close$12,587$29,000