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$252,363$1,890
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,262$0
Note rate7.090%7.400%
Blended rate7.090%7.640%
1st payment$1,733.36$13.09
2nd payment$0.00$0.00
Taxes / mo$1.75$1.75
Insurance / mo$150.00$150.00
MI / mo$0.00$0.38
HOA / mo$0.00$0.00
Total monthly$1,885.11$165.21
Cash to close$0$210