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$207,170$175,500
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$1,036$0
Note rate7.200%7.320%
Blended rate7.200%7.560%
1st payment$1,449.17$1,205.56
2nd payment$0.00$0.00
Taxes / mo$66.20$66.20
Insurance / mo$150.00$150.00
MI / mo$0.00$35.10
HOA / mo$0.00$0.00
Total monthly$1,665.37$1,456.86
Cash to close$0$19,500