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$167,593$152,100
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$838$0
Note rate7.180%7.400%
Blended rate7.180%7.640%
1st payment$1,171.28$1,053.11
2nd payment$0.00$0.00
Taxes / mo$198.96$198.96
Insurance / mo$150.00$150.00
MI / mo$0.00$30.42
HOA / mo$123.00$123.00
Total monthly$1,643.24$1,555.48
Cash to close$1,407$16,900