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$557,988$499,410
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$2,790$0
Note rate6.600%7.400%
Blended rate6.600%7.640%
1st payment$3,627.88$3,457.81
2nd payment$0.00$0.00
Taxes / mo$207.33$207.33
Insurance / mo$166.67$166.67
MI / mo$0.00$99.88
HOA / mo$0.00$0.00
Total monthly$4,001.88$3,931.70
Cash to close$0$55,490