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$154,746$81,000
Remaining term (yrs)20.030.0
Secondary amount$0$0
Funding fee$774$0
Note rate3.460%7.320%
Blended rate3.460%7.560%
1st payment$889.16$556.41
2nd payment$0.00$0.00
Taxes / mo$92.58$92.58
Insurance / mo$150.00$150.00
MI / mo$0.00$16.20
HOA / mo$444.00$444.00
Total monthly$1,575.74$1,259.20
Cash to close$0$9,000