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$584,443$530,910
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$2,922$0
Note rate6.810%7.320%
Blended rate6.810%7.560%
1st payment$3,947.78$3,646.98
2nd payment$0.00$0.00
Taxes / mo$377.58$377.58
Insurance / mo$166.67$166.67
MI / mo$0.00$106.18
HOA / mo$0.00$0.00
Total monthly$4,492.03$4,297.42
Cash to close$5,457$58,990