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$176,723$2,610
Remaining term (yrs)9.930.0
Secondary amount$0$0
Funding fee$884$0
Note rate2.120%7.400%
Blended rate2.120%7.640%
1st payment$1,635.60$18.07
2nd payment$0.00$0.00
Taxes / mo$2.42$2.42
Insurance / mo$150.00$150.00
MI / mo$0.00$0.52
HOA / mo$0.00$0.00
Total monthly$1,788.02$171.01
Cash to close$0$290