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$628,379$566,910
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$3,142$0
Note rate6.660%7.400%
Blended rate6.660%7.640%
1st payment$4,156.67$3,925.17
2nd payment$0.00$0.00
Taxes / mo$377.02$377.02
Insurance / mo$166.67$166.67
MI / mo$0.00$113.38
HOA / mo$9.17$9.17
Total monthly$4,709.53$4,591.41
Cash to close$1,521$62,990