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$573,814$553,500
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$2,869$0
Note rate7.570%7.320%
Blended rate7.570%7.560%
1st payment$4,158.50$3,802.16
2nd payment$0.00$0.00
Taxes / mo$512.50$512.50
Insurance / mo$166.67$166.67
MI / mo$0.00$110.70
HOA / mo$264.00$264.00
Total monthly$5,101.66$4,856.03
Cash to close$41,186$61,500