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$643,133$535,950
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$3,216$0
Note rate6.810%7.400%
Blended rate6.810%7.640%
1st payment$4,273.82$3,710.81
2nd payment$0.00$0.00
Taxes / mo$124.58$124.58
Insurance / mo$166.67$166.67
MI / mo$0.00$107.19
HOA / mo$0.00$0.00
Total monthly$4,565.07$4,109.25
Cash to close$0$59,550