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$161,056$154,800
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$805$0
Note rate7.570%7.320%
Blended rate7.570%7.560%
1st payment$1,165.02$1,063.37
2nd payment$0.00$0.00
Taxes / mo$143.33$143.33
Insurance / mo$150.00$150.00
MI / mo$0.00$30.96
HOA / mo$0.00$0.00
Total monthly$1,458.36$1,387.66
Cash to close$10,944$17,200