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$188,768$89,910
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$944$0
Note rate6.960%7.400%
Blended rate6.960%7.640%
1st payment$1,292.11$622.52
2nd payment$0.00$0.00
Taxes / mo$238.42$238.42
Insurance / mo$150.00$150.00
MI / mo$0.00$17.98
HOA / mo$0.00$0.00
Total monthly$1,680.52$1,028.92
Cash to close$0$9,990