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$134,106$40,500
Remaining term (yrs)23.030.0
Secondary amount$0$0
Funding fee$671$0
Note rate3.580%7.400%
Blended rate3.580%7.640%
1st payment$712.10$280.41
2nd payment$0.00$0.00
Taxes / mo$18.99$18.99
Insurance / mo$150.00$150.00
MI / mo$0.00$8.10
HOA / mo$0.00$0.00
Total monthly$881.09$457.50
Cash to close$0$4,500