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$234,042$207,000
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$1,170$0
Note rate6.360%7.400%
Blended rate6.360%7.640%
1st payment$1,526.08$1,433.23
2nd payment$0.00$0.00
Taxes / mo$62.50$62.50
Insurance / mo$150.00$150.00
MI / mo$0.00$41.40
HOA / mo$280.00$280.00
Total monthly$2,018.58$1,967.13
Cash to close$0$23,000