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$235,055$143,100
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$1,175$0
Note rate5.520%7.400%
Blended rate5.520%7.640%
1st payment$1,422.61$990.80
2nd payment$0.00$0.00
Taxes / mo$74.17$74.17
Insurance / mo$150.00$150.00
MI / mo$0.00$28.62
HOA / mo$400.00$400.00
Total monthly$2,046.78$1,643.58
Cash to close$0$15,900