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$517,474$435,600
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$2,587$0
Note rate6.64%7.24%
Blended rate6.64%7.48%
1st payment$3,371.29$2,968.61
2nd payment$0.00$0.00
Taxes / mo$349.67$349.67
Insurance / mo$166.67$166.67
MI / mo$0.00$87.12
HOA / mo$0.00$0.00
Total monthly$3,887.62$3,572.06
Cash to close$0$48,400