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$572,635$459,000
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$2,863$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$3,958.45$3,178.02
2nd payment$0.00$0.00
Taxes / mo$59.42$59.42
Insurance / mo$166.67$166.67
MI / mo$0.00$91.80
HOA / mo$105.00$105.00
Total monthly$4,289.53$3,600.91
Cash to close$0$51,000