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$273,446$242,100
Remaining term (yrs)29.630.0
Secondary amount$0$0
Funding fee$1,367$0
Note rate6.37%7.24%
Blended rate6.37%7.48%
1st payment$1,711.45$1,649.91
2nd payment$0.00$0.00
Taxes / mo$108.08$108.08
Insurance / mo$150.00$150.00
MI / mo$0.00$48.42
HOA / mo$266.00$266.00
Total monthly$2,235.53$2,222.41
Cash to close$0$26,900