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$146,312$67,500
Remaining term (yrs)15.430.0
Secondary amount$0$0
Funding fee$732$0
Note rate3.950%7.400%
Blended rate3.950%7.640%
1st payment$1,049.02$467.36
2nd payment$0.00$0.00
Taxes / mo$62.50$62.50
Insurance / mo$150.00$150.00
MI / mo$0.00$13.50
HOA / mo$0.00$0.00
Total monthly$1,261.52$693.36
Cash to close$0$7,500