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$498,901$449,100
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$2,495$0
Note rate6.56%7.24%
Blended rate6.56%7.48%
1st payment$3,208.56$3,060.61
2nd payment$0.00$0.00
Taxes / mo$169.08$169.08
Insurance / mo$166.67$166.67
MI / mo$0.00$89.82
HOA / mo$15.33$15.33
Total monthly$3,559.64$3,501.51
Cash to close$99$49,900