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$567,034$450,000
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$2,835$0
Note rate5.000%7.320%
Blended rate5.000%7.560%
1st payment$3,226.09$3,091.19
2nd payment$0.00$0.00
Taxes / mo$491.75$491.75
Insurance / mo$0.00$0.00
MI / mo$0.00$90.00
HOA / mo$0.00$0.00
Total monthly$3,717.84$3,672.94
Cash to close$0$50,000