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$2,178,990$1,800,000
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$10,895$0
Note rate6.340%7.400%
Blended rate6.340%7.640%
1st payment$13,674.82$12,462.84
2nd payment$0.00$0.00
Taxes / mo$483.25$483.25
Insurance / mo$216.67$216.67
MI / mo$0.00$360.00
HOA / mo$25.42$25.42
Total monthly$14,400.15$13,548.17
Cash to close$0$200,000