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$552,901$499,500
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$2,765$0
Note rate6.79%7.24%
Blended rate6.79%7.48%
1st payment$3,700.13$3,404.08
2nd payment$0.00$0.00
Taxes / mo$416.25$416.25
Insurance / mo$166.67$166.67
MI / mo$0.00$99.90
HOA / mo$13.25$13.25
Total monthly$4,296.30$4,100.15
Cash to close$2,099$55,500