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$309,822$256,500
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$1,549$0
Note rate5.52%7.24%
Blended rate5.52%7.48%
1st payment$1,877.85$1,748.04
2nd payment$0.00$0.00
Taxes / mo$108.92$108.92
Insurance / mo$150.00$150.00
MI / mo$0.00$51.30
HOA / mo$470.00$470.00
Total monthly$2,606.76$2,528.26
Cash to close$0$28,500