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$510,866$449,910
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$2,554$0
Note rate6.790%7.400%
Blended rate6.790%7.640%
1st payment$3,451.67$3,115.09
2nd payment$0.00$0.00
Taxes / mo$602.08$602.08
Insurance / mo$166.67$166.67
MI / mo$0.00$89.98
HOA / mo$0.00$0.00
Total monthly$4,220.42$3,973.82
Cash to close$0$49,990