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$586,553$566,991
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$2,933$0
Note rate6.900%7.320%
Blended rate6.900%7.560%
1st payment$4,035.75$3,894.83
2nd payment$0.00$0.00
Taxes / mo$663.83$663.83
Insurance / mo$166.67$166.67
MI / mo$0.00$113.40
HOA / mo$225.00$225.00
Total monthly$5,091.25$5,063.73
Cash to close$43,437$62,999