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$115,838$99,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$579$0
Note rate6.810%7.400%
Blended rate6.810%7.640%
1st payment$782.46$685.46
2nd payment$0.00$0.00
Taxes / mo$91.67$91.67
Insurance / mo$150.00$150.00
MI / mo$0.00$19.80
HOA / mo$0.00$0.00
Total monthly$1,024.12$946.92
Cash to close$0$11,000