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$623,776$593,100
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$3,119$0
Note rate6.77%7.24%
Blended rate6.77%7.48%
1st payment$4,179.41$4,041.97
2nd payment$0.00$0.00
Taxes / mo$280.17$280.17
Insurance / mo$166.67$166.67
MI / mo$0.00$118.62
HOA / mo$0.00$0.00
Total monthly$4,626.25$4,607.42
Cash to close$35,224$65,900