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$586,429$547,200
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$2,932$0
Note rate7.030%7.320%
Blended rate7.030%7.560%
1st payment$4,032.59$3,758.88
2nd payment$0.00$0.00
Taxes / mo$558.50$558.50
Insurance / mo$166.67$166.67
MI / mo$0.00$109.44
HOA / mo$84.00$84.00
Total monthly$4,841.76$4,677.49
Cash to close$21,571$60,800