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$539,497$449,991
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$2,697$0
Note rate6.620%7.320%
Blended rate6.620%7.560%
1st payment$3,497.51$3,091.13
2nd payment$0.00$0.00
Taxes / mo$416.66$416.66
Insurance / mo$166.67$166.67
MI / mo$0.00$90.00
HOA / mo$110.00$110.00
Total monthly$4,190.83$3,874.45
Cash to close$0$49,999