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$621,765$539,100
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$3,109$0
Note rate7.290%7.400%
Blended rate7.290%7.640%
1st payment$4,377.69$3,732.62
2nd payment$0.00$0.00
Taxes / mo$499.17$499.17
Insurance / mo$166.67$166.67
MI / mo$0.00$107.82
HOA / mo$286.00$286.00
Total monthly$5,329.52$4,792.27
Cash to close$0$59,900