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$559,657$466,200
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$2,798$0
Note rate6.92%7.24%
Blended rate6.92%7.48%
1st payment$3,781.45$3,177.14
2nd payment$0.00$0.00
Taxes / mo$348.17$348.17
Insurance / mo$166.67$166.67
MI / mo$0.00$93.24
HOA / mo$90.00$90.00
Total monthly$4,386.28$3,875.22
Cash to close$0$51,800