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$541,912$490,500
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$2,710$0
Note rate6.660%7.400%
Blended rate6.660%7.640%
1st payment$3,584.70$3,396.12
2nd payment$0.00$0.00
Taxes / mo$325.94$325.94
Insurance / mo$166.67$166.67
MI / mo$0.00$98.10
HOA / mo$97.00$97.00
Total monthly$4,174.31$4,083.83
Cash to close$3,088$54,500