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$272,274$252,000
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$1,361$0
Note rate6.660%7.400%
Blended rate6.660%7.640%
1st payment$1,831.49$1,744.80
2nd payment$0.00$0.00
Taxes / mo$58.58$58.58
Insurance / mo$150.00$150.00
MI / mo$0.00$50.40
HOA / mo$256.00$256.00
Total monthly$2,296.07$2,259.78
Cash to close$7,726$28,000