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$578,715$494,910
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$2,894$0
Note rate6.350%7.400%
Blended rate6.350%7.640%
1st payment$3,635.62$3,426.66
2nd payment$0.00$0.00
Taxes / mo$568.92$568.92
Insurance / mo$166.67$166.67
MI / mo$0.00$98.98
HOA / mo$30.00$30.00
Total monthly$4,401.21$4,291.22
Cash to close$0$54,990