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$501,693$463,500
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$2,508$0
Note rate6.790%7.400%
Blended rate6.790%7.640%
1st payment$3,353.98$3,209.18
2nd payment$0.00$0.00
Taxes / mo$458.00$458.00
Insurance / mo$166.67$166.67
MI / mo$0.00$92.70
HOA / mo$18.33$18.33
Total monthly$3,996.98$3,944.88
Cash to close$13,307$51,500