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$651,941$593,820
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$3,260$0
Note rate6.820%7.400%
Blended rate6.820%7.640%
1st payment$4,384.69$4,111.49
2nd payment$0.00$0.00
Taxes / mo$549.83$549.83
Insurance / mo$166.67$166.67
MI / mo$0.00$118.76
HOA / mo$74.00$74.00
Total monthly$5,175.19$5,020.75
Cash to close$7,859$65,980