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$198,185$184,500
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$991$0
Note rate6.580%7.400%
Blended rate6.580%7.640%
1st payment$1,319.90$1,277.44
2nd payment$0.00$0.00
Taxes / mo$52.50$52.50
Insurance / mo$150.00$150.00
MI / mo$0.00$36.90
HOA / mo$235.00$235.00
Total monthly$1,757.40$1,751.84
Cash to close$6,815$20,500