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$576,043$517,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$2,880$0
Note rate6.390%7.400%
Blended rate6.390%7.640%
1st payment$3,749.05$3,583.07
2nd payment$0.00$0.00
Taxes / mo$650.92$650.92
Insurance / mo$166.67$166.67
MI / mo$0.00$103.50
HOA / mo$100.00$100.00
Total monthly$4,666.63$4,604.15
Cash to close$0$57,500