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$213,760$210,600
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$1,069$0
Note rate7.760%7.320%
Blended rate7.760%7.560%
1st payment$1,574.92$1,446.68
2nd payment$0.00$0.00
Taxes / mo$129.33$129.33
Insurance / mo$150.00$150.00
MI / mo$0.00$42.12
HOA / mo$0.00$0.00
Total monthly$1,854.25$1,768.13
Cash to close$20,240$23,400