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$287,054$188,910
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$1,435$0
Note rate5.780%7.400%
Blended rate5.780%7.640%
1st payment$1,785.13$1,307.97
2nd payment$0.00$0.00
Taxes / mo$111.08$111.08
Insurance / mo$150.00$150.00
MI / mo$0.00$37.78
HOA / mo$0.00$0.00
Total monthly$2,046.21$1,606.84
Cash to close$0$20,990