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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$330,252$269,100
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$1,651$0
Note rate6.91%7.18%
Blended rate6.91%7.42%
1st payment$2,218.44$1,822.98
2nd payment$0.00$0.00
Taxes / mo$142.08$142.08
Insurance / mo$150.00$150.00
MI / mo$0.00$53.82
HOA / mo$92.00$92.00
Total monthly$2,602.52$2,260.88
Cash to close$0$29,900