Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

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$145,547$144,000
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$728$0
Note rate6.950%7.320%
Blended rate6.950%7.560%
1st payment$979.68$989.18
2nd payment$0.00$0.00
Taxes / mo$20.26$20.26
Insurance / mo$150.00$150.00
MI / mo$0.00$28.80
HOA / mo$0.00$0.00
Total monthly$1,149.94$1,188.24
Cash to close$14,453$16,000