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$282,013$193,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,410$0
Note rate6.49%7.18%
Blended rate6.49%7.42%
1st payment$1,824.78$1,310.84
2nd payment$0.00$0.00
Taxes / mo$61.42$61.42
Insurance / mo$150.00$150.00
MI / mo$0.00$38.70
HOA / mo$301.00$301.00
Total monthly$2,337.19$1,861.95
Cash to close$0$21,500