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$608,334$530,910
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$3,042$0
Note rate6.720%7.320%
Blended rate6.720%7.560%
1st payment$4,010.70$3,646.98
2nd payment$0.00$0.00
Taxes / mo$416.98$416.98
Insurance / mo$166.67$166.67
MI / mo$0.00$106.18
HOA / mo$15.75$15.75
Total monthly$4,610.09$4,352.56
Cash to close$0$58,990