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$522,043$499,410
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$2,610$0
Note rate6.940%7.400%
Blended rate6.940%7.640%
1st payment$3,605.35$3,457.81
2nd payment$0.00$0.00
Taxes / mo$239.58$239.58
Insurance / mo$166.67$166.67
MI / mo$0.00$99.88
HOA / mo$40.67$40.67
Total monthly$4,052.27$4,004.62
Cash to close$32,857$55,490