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$602,593$539,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$3,013$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$4,075.45$3,738.23
2nd payment$0.00$0.00
Taxes / mo$499.92$499.92
Insurance / mo$166.67$166.67
MI / mo$0.00$107.98
HOA / mo$80.00$80.00
Total monthly$4,822.03$4,592.79
Cash to close$0$59,990