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$529,119$494,100
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$2,646$0
Note rate6.870%7.400%
Blended rate6.870%7.640%
1st payment$3,526.96$3,421.05
2nd payment$0.00$0.00
Taxes / mo$498.47$498.47
Insurance / mo$166.67$166.67
MI / mo$0.00$98.82
HOA / mo$59.00$59.00
Total monthly$4,251.10$4,244.00
Cash to close$19,881$54,900