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$217,809$171,000
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$1,089$0
Note rate6.960%7.400%
Blended rate6.960%7.640%
1st payment$1,490.89$1,183.97
2nd payment$0.00$0.00
Taxes / mo$158.33$158.33
Insurance / mo$150.00$150.00
MI / mo$0.00$34.20
HOA / mo$0.00$0.00
Total monthly$1,799.22$1,526.50
Cash to close$0$19,000