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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$340,023$224,100
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$1,700$0
Note rate6.6%7.24%
Blended rate6.6%7.48%
1st payment$2,212.95$1,527.24
2nd payment$0.00$0.00
Taxes / mo$108.58$108.58
Insurance / mo$150.00$150.00
MI / mo$0.00$44.82
HOA / mo$0.00$0.00
Total monthly$2,471.53$1,830.64
Cash to close$0$24,900