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$149,258$22,500
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$746$0
Note rate3.100%7.400%
Blended rate3.100%7.640%
1st payment$707.82$155.79
2nd payment$0.00$0.00
Taxes / mo$12.83$12.83
Insurance / mo$150.00$150.00
MI / mo$0.00$4.50
HOA / mo$0.00$0.00
Total monthly$870.66$323.12
Cash to close$0$2,500