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$617,172$323,910
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$3,086$0
Note rate4.480%7.400%
Blended rate4.480%7.640%
1st payment$3,369.46$2,242.69
2nd payment$0.00$0.00
Taxes / mo$147.50$147.50
Insurance / mo$150.00$150.00
MI / mo$0.00$64.78
HOA / mo$0.00$0.00
Total monthly$3,666.96$2,604.97
Cash to close$0$35,990