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$180,098$179,910
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$900$0
Note rate7.440%7.320%
Blended rate7.440%7.560%
1st payment$1,285.95$1,235.86
2nd payment$0.00$0.00
Taxes / mo$48.83$48.83
Insurance / mo$150.00$150.00
MI / mo$0.00$35.98
HOA / mo$0.00$0.00
Total monthly$1,484.79$1,470.67
Cash to close$19,802$19,990