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$219,246$215,100
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$1,096$0
Note rate7.090%7.320%
Blended rate7.090%7.560%
1st payment$1,522.46$1,477.59
2nd payment$0.00$0.00
Taxes / mo$136.92$136.92
Insurance / mo$150.00$150.00
MI / mo$0.00$43.02
HOA / mo$0.00$0.00
Total monthly$1,809.37$1,807.52
Cash to close$19,754$23,900