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$298,937$270,000
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$1,495$0
Note rate6.690%7.400%
Blended rate6.690%7.640%
1st payment$1,998.31$1,869.43
2nd payment$0.00$0.00
Taxes / mo$181.75$181.75
Insurance / mo$150.00$150.00
MI / mo$0.00$54.00
HOA / mo$167.00$167.00
Total monthly$2,497.06$2,422.18
Cash to close$1,063$30,000