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$523,221$467,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$2,616$0
Note rate6.6%7.24%
Blended rate6.6%7.48%
1st payment$3,487.22$3,183.28
2nd payment$0.00$0.00
Taxes / mo$470.50$470.50
Insurance / mo$166.67$166.67
MI / mo$0.00$93.42
HOA / mo$0.00$0.00
Total monthly$4,124.39$3,913.86
Cash to close$0$51,900