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$585,826$540,000
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$2,929$0
Note rate6.43%7.24%
Blended rate6.43%7.48%
1st payment$3,827.58$3,680.09
2nd payment$0.00$0.00
Taxes / mo$336.50$336.50
Insurance / mo$166.67$166.67
MI / mo$0.00$108.00
HOA / mo$33.00$33.00
Total monthly$4,363.74$4,324.26
Cash to close$14,174$60,000