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$141,875$125,910
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$709$0
Note rate6.870%7.400%
Blended rate6.870%7.640%
1st payment$945.70$871.78
2nd payment$0.00$0.00
Taxes / mo$53.08$53.08
Insurance / mo$150.00$150.00
MI / mo$0.00$25.18
HOA / mo$0.00$0.00
Total monthly$1,148.78$1,100.04
Cash to close$0$13,990