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$317,764$288,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$1,589$0
Note rate6.32%7.18%
Blended rate6.32%7.42%
1st payment$2,014.89$1,951.01
2nd payment$0.00$0.00
Taxes / mo$86.92$86.92
Insurance / mo$150.00$150.00
MI / mo$0.00$57.60
HOA / mo$370.00$370.00
Total monthly$2,621.81$2,615.53
Cash to close$2,236$32,000