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$643,596$602,910
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$3,218$0
Note rate6.670%7.320%
Blended rate6.670%7.560%
1st payment$4,266.02$4,141.57
2nd payment$0.00$0.00
Taxes / mo$412.94$412.94
Insurance / mo$166.67$166.67
MI / mo$0.00$120.58
HOA / mo$78.33$78.33
Total monthly$4,923.96$4,920.09
Cash to close$26,304$66,990