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$1,332,928$1,196,145
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$6,665$0
Note rate6.600%7.320%
Blended rate6.600%7.560%
1st payment$8,765.59$8,216.69
2nd payment$0.00$0.00
Taxes / mo$1,358.33$1,358.33
Insurance / mo$216.67$216.67
MI / mo$0.00$239.23
HOA / mo$0.00$0.00
Total monthly$10,340.59$10,030.92
Cash to close$0$132,905