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$556,939$526,500
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$2,785$0
Note rate6.880%7.400%
Blended rate6.880%7.640%
1st payment$3,759.81$3,645.38
2nd payment$0.00$0.00
Taxes / mo$487.50$487.50
Insurance / mo$166.67$166.67
MI / mo$0.00$105.30
HOA / mo$194.00$194.00
Total monthly$4,607.97$4,598.85
Cash to close$28,061$58,500