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$184,606$175,050
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$923$0
Note rate6.650%7.320%
Blended rate6.650%7.560%
1st payment$1,203.90$1,202.47
2nd payment$0.00$0.00
Taxes / mo$162.08$162.08
Insurance / mo$150.00$150.00
MI / mo$0.00$35.01
HOA / mo$22.08$22.08
Total monthly$1,538.06$1,571.65
Cash to close$9,894$19,450