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$616,439$594,000
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$3,082$0
Note rate6.900%7.320%
Blended rate6.900%7.560%
1st payment$4,241.38$4,080.37
2nd payment$0.00$0.00
Taxes / mo$334.58$334.58
Insurance / mo$166.67$166.67
MI / mo$0.00$118.80
HOA / mo$99.00$99.00
Total monthly$4,841.63$4,799.42
Cash to close$43,561$66,000