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$606,495$465,350
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$3,032$0
Note rate6.540%7.400%
Blended rate6.540%7.640%
1st payment$3,935.69$3,221.99
2nd payment$0.00$0.00
Taxes / mo$602.33$602.33
Insurance / mo$166.67$166.67
MI / mo$0.00$93.07
HOA / mo$95.00$95.00
Total monthly$4,799.69$4,179.06
Cash to close$0$51,706