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$886,107$134,550
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$4,431$0
Note rate2.880%7.400%
Blended rate2.880%7.640%
1st payment$4,109.67$931.60
2nd payment$0.00$0.00
Taxes / mo$82.08$82.08
Insurance / mo$150.00$150.00
MI / mo$0.00$26.91
HOA / mo$0.00$0.00
Total monthly$4,341.75$1,190.59
Cash to close$0$14,950