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$583,371$431,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,917$0
Note rate6.470%7.400%
Blended rate6.470%7.640%
1st payment$3,763.23$2,990.46
2nd payment$0.00$0.00
Taxes / mo$490.67$490.67
Insurance / mo$166.67$166.67
MI / mo$0.00$86.38
HOA / mo$0.00$0.00
Total monthly$4,420.56$3,734.17
Cash to close$0$47,990