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$495,413$449,999
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$2,477$0
Note rate6.790%7.400%
Blended rate6.790%7.640%
1st payment$3,292.12$3,115.70
2nd payment$0.00$0.00
Taxes / mo$102.42$102.42
Insurance / mo$166.67$166.67
MI / mo$0.00$90.00
HOA / mo$4.17$4.17
Total monthly$3,565.37$3,478.96
Cash to close$4,586$50,000