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$544,306$499,500
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$2,722$0
Note rate6.710%7.400%
Blended rate6.710%7.640%
1st payment$3,649.57$3,458.44
2nd payment$0.00$0.00
Taxes / mo$330.75$330.75
Insurance / mo$166.67$166.67
MI / mo$0.00$99.90
HOA / mo$0.00$0.00
Total monthly$4,146.99$4,055.75
Cash to close$10,694$55,500