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$212,429$193,500
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$1,062$0
Note rate6.580%7.320%
Blended rate6.580%7.560%
1st payment$1,370.28$1,329.21
2nd payment$0.00$0.00
Taxes / mo$216.61$216.61
Insurance / mo$150.00$150.00
MI / mo$0.00$38.70
HOA / mo$0.00$0.00
Total monthly$1,736.88$1,734.52
Cash to close$2,571$21,500