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$601,995$467,910
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$3,010$0
Note rate6.76%7.24%
Blended rate6.76%7.48%
1st payment$3,969.20$3,188.80
2nd payment$0.00$0.00
Taxes / mo$251.17$251.17
Insurance / mo$166.67$166.67
MI / mo$0.00$93.58
HOA / mo$62.00$62.00
Total monthly$4,449.04$3,762.21
Cash to close$0$51,990