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$504,402$472,500
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$2,522$0
Note rate7.790%7.320%
Blended rate7.790%7.560%
1st payment$3,723.14$3,245.75
2nd payment$0.00$0.00
Taxes / mo$294.92$294.92
Insurance / mo$166.67$166.67
MI / mo$0.00$94.50
HOA / mo$0.00$0.00
Total monthly$4,184.72$3,801.83
Cash to close$20,598$52,500