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$579,257$449,100
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$2,896$0
Note rate5.000%7.320%
Blended rate5.000%7.560%
1st payment$3,336.88$3,085.01
2nd payment$0.00$0.00
Taxes / mo$405.08$405.08
Insurance / mo$166.67$166.67
MI / mo$0.00$89.82
HOA / mo$147.67$147.67
Total monthly$4,056.30$3,894.25
Cash to close$0$49,900