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$163,841$90,000
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$819$0
Note rate3.890%7.400%
Blended rate3.890%7.640%
1st payment$843.38$623.14
2nd payment$0.00$0.00
Taxes / mo$48.00$48.00
Insurance / mo$150.00$150.00
MI / mo$0.00$18.00
HOA / mo$300.00$300.00
Total monthly$1,341.38$1,139.14
Cash to close$0$10,000