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$334,439$270,000
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,672$0
Note rate7.060%7.400%
Blended rate7.060%7.640%
1st payment$2,290.48$1,869.43
2nd payment$0.00$0.00
Taxes / mo$90.42$90.42
Insurance / mo$150.00$150.00
MI / mo$0.00$54.00
HOA / mo$84.33$84.33
Total monthly$2,615.23$2,248.17
Cash to close$0$30,000