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$523,580$503,381
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$2,618$0
Note rate7.120%7.400%
Blended rate7.120%7.640%
1st payment$3,638.61$3,485.31
2nd payment$0.00$0.00
Taxes / mo$599.58$599.58
Insurance / mo$166.67$166.67
MI / mo$0.00$100.68
HOA / mo$98.00$98.00
Total monthly$4,502.86$4,450.23
Cash to close$35,732$55,931