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$642,144$584,910
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$3,211$0
Note rate7.030%7.400%
Blended rate7.030%7.640%
1st payment$4,406.82$4,049.80
2nd payment$0.00$0.00
Taxes / mo$541.58$541.58
Insurance / mo$166.67$166.67
MI / mo$0.00$116.98
HOA / mo$230.00$230.00
Total monthly$5,345.07$5,105.03
Cash to close$7,756$64,990