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$141,411$80,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$707$0
Note rate6.320%7.400%
Blended rate6.320%7.640%
1st payment$916.28$554.60
2nd payment$0.00$0.00
Taxes / mo$71.42$71.42
Insurance / mo$150.00$150.00
MI / mo$0.00$16.02
HOA / mo$0.00$0.00
Total monthly$1,137.70$792.03
Cash to close$0$8,900