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$512,541$449,091
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$2,563$0
Note rate6.760%7.400%
Blended rate6.760%7.640%
1st payment$3,376.17$3,109.42
2nd payment$0.00$0.00
Taxes / mo$415.83$415.83
Insurance / mo$166.67$166.67
MI / mo$0.00$89.82
HOA / mo$0.00$0.00
Total monthly$3,958.66$3,781.73
Cash to close$0$49,899