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$3,313,417$179,550
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$16,567$0
Note rate2.79%7.24%
Blended rate2.79%7.48%
1st payment$15,388.61$1,223.63
2nd payment$0.00$0.00
Taxes / mo$154.58$154.58
Insurance / mo$150.00$150.00
MI / mo$0.00$35.91
HOA / mo$57.00$57.00
Total monthly$15,750.20$1,621.12
Cash to close$0$19,950