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$529,889$441,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,649$0
Note rate6.200%7.320%
Blended rate6.200%7.560%
1st payment$3,322.94$3,029.36
2nd payment$0.00$0.00
Taxes / mo$93.25$93.25
Insurance / mo$166.67$166.67
MI / mo$0.00$88.20
HOA / mo$131.00$131.00
Total monthly$3,713.85$3,508.48
Cash to close$0$49,000