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$608,825$472,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$3,044$0
Note rate6.490%7.320%
Blended rate6.490%7.560%
1st payment$3,931.14$3,245.75
2nd payment$0.00$0.00
Taxes / mo$437.50$437.50
Insurance / mo$166.67$166.67
MI / mo$0.00$94.50
HOA / mo$0.00$0.00
Total monthly$4,535.31$3,944.41
Cash to close$0$52,500