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$227,085$144,450
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$1,135$0
Note rate6.660%7.400%
Blended rate6.660%7.640%
1st payment$1,503.75$1,000.14
2nd payment$0.00$0.00
Taxes / mo$276.58$276.58
Insurance / mo$150.00$150.00
MI / mo$0.00$28.89
HOA / mo$180.00$180.00
Total monthly$2,110.33$1,635.62
Cash to close$0$16,050