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$1,660,213$1,339,200
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$8,301$0
Note rate6.130%7.400%
Blended rate6.130%7.640%
1st payment$10,572.56$9,272.35
2nd payment$0.00$0.00
Taxes / mo$1,240.00$1,240.00
Insurance / mo$216.67$216.67
MI / mo$0.00$267.84
HOA / mo$0.00$0.00
Total monthly$12,029.23$10,996.86
Cash to close$0$148,800