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$145,070$75,150
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$725$0
Note rate6.990%7.400%
Blended rate6.990%7.640%
1st payment$987.83$520.32
2nd payment$0.00$0.00
Taxes / mo$130.92$130.92
Insurance / mo$150.00$150.00
MI / mo$0.00$15.03
HOA / mo$0.00$0.00
Total monthly$1,268.74$816.27
Cash to close$0$8,350