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$1,281,116$1,169,100
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$6,406$0
Note rate7.220%7.400%
Blended rate7.220%7.640%
1st payment$8,952.04$8,094.61
2nd payment$0.00$0.00
Taxes / mo$1,082.50$1,082.50
Insurance / mo$216.67$216.67
MI / mo$0.00$233.82
HOA / mo$145.00$145.00
Total monthly$10,396.21$9,772.60
Cash to close$17,884$129,900