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$512,836$368,910
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$2,564$0
Note rate6.990%7.400%
Blended rate6.990%7.640%
1st payment$3,488.65$2,554.26
2nd payment$0.00$0.00
Taxes / mo$839.75$839.75
Insurance / mo$150.00$150.00
MI / mo$0.00$73.78
HOA / mo$12.00$12.00
Total monthly$4,490.40$3,629.79
Cash to close$0$40,990