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$646,781$450,000
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$3,234$0
Note rate7.62%7.24%
Blended rate7.62%7.48%
1st payment$4,704.54$3,066.74
2nd payment$0.00$0.00
Taxes / mo$146.25$146.25
Insurance / mo$166.67$166.67
MI / mo$0.00$90.00
HOA / mo$0.00$0.00
Total monthly$5,017.46$3,469.66
Cash to close$0$50,000