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$276,208$242,910
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$1,381$0
Note rate7.57%7.18%
Blended rate7.57%7.42%
1st payment$1,999.85$1,645.56
2nd payment$0.00$0.00
Taxes / mo$102.83$102.83
Insurance / mo$150.00$150.00
MI / mo$0.00$48.58
HOA / mo$0.00$0.00
Total monthly$2,252.68$1,946.97
Cash to close$0$26,990