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$1,006,583$944,999
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$5,033$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$6,950.45$6,542.98
2nd payment$0.00$0.00
Taxes / mo$875.00$875.00
Insurance / mo$216.67$216.67
MI / mo$0.00$189.00
HOA / mo$175.00$175.00
Total monthly$8,217.12$7,998.65
Cash to close$43,416$105,000