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$272,117$269,100
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$1,361$0
Note rate7.080%7.320%
Blended rate7.080%7.560%
1st payment$1,903.95$1,848.53
2nd payment$0.00$0.00
Taxes / mo$149.75$149.75
Insurance / mo$150.00$150.00
MI / mo$0.00$53.82
HOA / mo$0.00$0.00
Total monthly$2,203.70$2,202.10
Cash to close$26,883$29,900