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$292,349$269,999
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$1,462$0
Note rate6.84%7.18%
Blended rate6.84%7.42%
1st payment$1,954.20$1,829.07
2nd payment$0.00$0.00
Taxes / mo$7.58$7.58
Insurance / mo$150.00$150.00
MI / mo$0.00$54.00
HOA / mo$0.00$0.00
Total monthly$2,111.78$2,040.65
Cash to close$7,650$30,000