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$511,229$449,910
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$2,556$0
Note rate6.780%7.400%
Blended rate6.780%7.640%
1st payment$3,387.23$3,115.09
2nd payment$0.00$0.00
Taxes / mo$416.58$416.58
Insurance / mo$166.67$166.67
MI / mo$0.00$89.98
HOA / mo$0.00$0.00
Total monthly$3,970.48$3,788.32
Cash to close$0$49,990