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$567,293$521,100
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$2,836$0
Note rate6.820%7.320%
Blended rate6.820%7.560%
1st payment$3,803.63$3,579.60
2nd payment$0.00$0.00
Taxes / mo$482.50$482.50
Insurance / mo$166.67$166.67
MI / mo$0.00$104.22
HOA / mo$298.00$298.00
Total monthly$4,750.79$4,630.98
Cash to close$11,707$57,900