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$1,159,863$1,030,500
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$5,799$0
Note rate6.690%7.400%
Blended rate6.690%7.640%
1st payment$7,624.18$7,134.97
2nd payment$0.00$0.00
Taxes / mo$954.17$954.17
Insurance / mo$216.67$216.67
MI / mo$0.00$206.10
HOA / mo$0.00$0.00
Total monthly$8,795.01$8,511.91
Cash to close$0$114,500