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$567,109$440,910
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$2,836$0
Note rate6.840%7.400%
Blended rate6.840%7.640%
1st payment$3,761.94$3,052.77
2nd payment$0.00$0.00
Taxes / mo$408.25$408.25
Insurance / mo$166.67$166.67
MI / mo$0.00$88.18
HOA / mo$226.00$226.00
Total monthly$4,562.86$3,941.87
Cash to close$0$48,990