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$510,696$449,550
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$2,553$0
Note rate7.290%7.320%
Blended rate7.290%7.560%
1st payment$3,595.68$3,088.10
2nd payment$0.00$0.00
Taxes / mo$494.17$494.17
Insurance / mo$166.67$166.67
MI / mo$0.00$89.91
HOA / mo$108.00$108.00
Total monthly$4,364.51$3,946.84
Cash to close$0$49,950