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$3,321,084$179,550
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$16,605$0
Note rate2.790%7.400%
Blended rate2.790%7.640%
1st payment$15,388.61$1,243.17
2nd payment$0.00$0.00
Taxes / mo$154.58$154.58
Insurance / mo$150.00$150.00
MI / mo$0.00$35.91
HOA / mo$57.00$57.00
Total monthly$15,750.20$1,640.66
Cash to close$0$19,950