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$611,125$583,650
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$3,056$0
Note rate6.95%7.24%
Blended rate6.95%7.48%
1st payment$4,137.17$3,977.56
2nd payment$0.00$0.00
Taxes / mo$299.67$299.67
Insurance / mo$166.67$166.67
MI / mo$0.00$116.73
HOA / mo$0.00$0.00
Total monthly$4,603.51$4,560.63
Cash to close$37,375$64,850