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$194,880$134,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$974$0
Note rate6.850%7.320%
Blended rate6.850%7.560%
1st payment$1,305.22$921.17
2nd payment$0.00$0.00
Taxes / mo$44.75$44.75
Insurance / mo$150.00$150.00
MI / mo$0.00$26.82
HOA / mo$260.00$260.00
Total monthly$1,759.97$1,402.74
Cash to close$0$14,900