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$615,964$539,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$3,080$0
Note rate6.27%7.24%
Blended rate6.27%7.48%
1st payment$3,976.62$3,673.96
2nd payment$0.00$0.00
Taxes / mo$303.58$303.58
Insurance / mo$166.67$166.67
MI / mo$0.00$107.82
HOA / mo$0.00$0.00
Total monthly$4,446.87$4,252.03
Cash to close$0$59,900