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$593,031$393,750
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$2,965$0
Note rate5.780%7.400%
Blended rate5.780%7.640%
1st payment$3,687.94$2,726.25
2nd payment$0.00$0.00
Taxes / mo$664.83$664.83
Insurance / mo$150.00$150.00
MI / mo$0.00$78.75
HOA / mo$79.33$79.33
Total monthly$4,582.10$3,699.16
Cash to close$0$43,750