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$141,457$135,000
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$707$0
Note rate6.880%7.400%
Blended rate6.880%7.640%
1st payment$953.03$934.71
2nd payment$0.00$0.00
Taxes / mo$125.00$125.00
Insurance / mo$150.00$150.00
MI / mo$0.00$27.00
HOA / mo$0.00$0.00
Total monthly$1,228.03$1,236.71
Cash to close$8,543$15,000