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$539,856$495,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$2,699$0
Note rate6.730%7.400%
Blended rate6.730%7.640%
1st payment$3,638.86$3,427.28
2nd payment$0.00$0.00
Taxes / mo$341.71$341.71
Insurance / mo$166.67$166.67
MI / mo$0.00$99.00
HOA / mo$70.00$70.00
Total monthly$4,217.24$4,104.66
Cash to close$10,144$55,000