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$561,952$526,500
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$2,810$0
Note rate6.930%7.400%
Blended rate6.930%7.640%
1st payment$3,778.68$3,645.38
2nd payment$0.00$0.00
Taxes / mo$1,148.17$1,148.17
Insurance / mo$166.67$166.67
MI / mo$0.00$105.30
HOA / mo$0.00$0.00
Total monthly$5,093.51$5,065.51
Cash to close$23,048$58,500