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$210,294$176,400
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$1,051$0
Note rate5.410%7.400%
Blended rate5.410%7.640%
1st payment$1,256.98$1,221.36
2nd payment$0.00$0.00
Taxes / mo$99.08$99.08
Insurance / mo$150.00$150.00
MI / mo$0.00$35.28
HOA / mo$288.00$288.00
Total monthly$1,794.06$1,793.72
Cash to close$0$19,600