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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$343,016$283,500
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$1,715$0
Note rate6.79%7.24%
Blended rate6.79%7.48%
1st payment$2,279.41$1,932.05
2nd payment$0.00$0.00
Taxes / mo$158.83$158.83
Insurance / mo$150.00$150.00
MI / mo$0.00$56.70
HOA / mo$432.00$432.00
Total monthly$3,020.24$2,729.58
Cash to close$0$31,500