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$104,470$89,910
Remaining term (yrs)21.630.0
Secondary amount$0$0
Funding fee$522$0
Note rate4.6%7.24%
Blended rate4.6%7.48%
1st payment$635.47$612.73
2nd payment$0.00$0.00
Taxes / mo$106.17$106.17
Insurance / mo$150.00$150.00
MI / mo$0.00$17.98
HOA / mo$229.00$229.00
Total monthly$1,120.64$1,115.88
Cash to close$0$9,990