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$192,048$170,100
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$960$0
Note rate6.580%7.400%
Blended rate6.580%7.640%
1st payment$1,236.44$1,177.74
2nd payment$0.00$0.00
Taxes / mo$157.50$157.50
Insurance / mo$150.00$150.00
MI / mo$0.00$34.02
HOA / mo$0.00$0.00
Total monthly$1,543.94$1,519.26
Cash to close$0$18,900