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$619,101$539,910
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$3,096$0
Note rate6.600%7.400%
Blended rate6.600%7.640%
1st payment$4,116.74$3,738.23
2nd payment$0.00$0.00
Taxes / mo$506.83$506.83
Insurance / mo$166.67$166.67
MI / mo$0.00$107.98
HOA / mo$0.00$0.00
Total monthly$4,790.24$4,519.71
Cash to close$0$59,990