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$228,963$204,750
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$1,145$0
Note rate6.670%7.320%
Blended rate6.670%7.560%
1st payment$1,531.03$1,406.49
2nd payment$0.00$0.00
Taxes / mo$107.33$107.33
Insurance / mo$150.00$150.00
MI / mo$0.00$40.95
HOA / mo$0.00$0.00
Total monthly$1,788.36$1,704.77
Cash to close$0$22,750