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$1,095,578$945,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$5,478$0
Note rate6.330%7.400%
Blended rate6.330%7.640%
1st payment$7,114.36$6,542.99
2nd payment$0.00$0.00
Taxes / mo$875.00$875.00
Insurance / mo$216.67$216.67
MI / mo$0.00$189.00
HOA / mo$216.00$216.00
Total monthly$8,422.03$8,039.66
Cash to close$0$105,000