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$521,760$472,500
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$2,609$0
Note rate6.740%7.320%
Blended rate6.740%7.560%
1st payment$3,474.78$3,245.75
2nd payment$0.00$0.00
Taxes / mo$248.58$248.58
Insurance / mo$166.67$166.67
MI / mo$0.00$94.50
HOA / mo$200.00$200.00
Total monthly$4,090.03$3,955.50
Cash to close$3,240$52,500