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$528,299$494,910
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$2,641$0
Note rate6.76%7.24%
Blended rate6.76%7.48%
1st payment$3,483.30$3,372.80
2nd payment$0.00$0.00
Taxes / mo$302.83$302.83
Insurance / mo$166.67$166.67
MI / mo$0.00$98.98
HOA / mo$39.33$39.33
Total monthly$3,992.13$3,980.61
Cash to close$21,601$54,990