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$161,523$1,575
Remaining term (yrs)23.930.0
Secondary amount$0$0
Funding fee$808$0
Note rate2.910%7.320%
Blended rate2.910%7.560%
1st payment$778.09$10.82
2nd payment$0.00$0.00
Taxes / mo$1.46$1.46
Insurance / mo$150.00$150.00
MI / mo$0.00$0.32
HOA / mo$9.00$9.00
Total monthly$938.55$171.59
Cash to close$0$175