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$212,658$2,070
Remaining term (yrs)22.830.0
Secondary amount$0$0
Funding fee$1,063$0
Note rate3.770%7.320%
Blended rate3.770%7.560%
1st payment$1,153.37$14.22
2nd payment$0.00$0.00
Taxes / mo$1.92$1.92
Insurance / mo$150.00$150.00
MI / mo$0.00$0.41
HOA / mo$22.00$22.00
Total monthly$1,327.28$188.55
Cash to close$0$230