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$574,241$539,550
Remaining term (yrs)13.930.0
Secondary amount$0$0
Funding fee$2,871$0
Note rate5.850%7.320%
Blended rate5.850%7.560%
1st payment$5,014.65$3,706.33
2nd payment$0.00$0.00
Taxes / mo$347.67$347.67
Insurance / mo$166.67$166.67
MI / mo$0.00$107.91
HOA / mo$341.67$341.67
Total monthly$5,870.65$4,670.25
Cash to close$25,259$59,950