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$523,883$486,000
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$2,619$0
Note rate6.900%7.400%
Blended rate6.900%7.640%
1st payment$3,604.55$3,364.97
2nd payment$0.00$0.00
Taxes / mo$450.00$450.00
Insurance / mo$166.67$166.67
MI / mo$0.00$97.20
HOA / mo$334.00$334.00
Total monthly$4,555.22$4,412.83
Cash to close$16,117$54,000