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$521,760$482,310
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$2,609$0
Note rate6.740%7.400%
Blended rate6.740%7.640%
1st payment$3,474.78$3,339.42
2nd payment$0.00$0.00
Taxes / mo$248.58$248.58
Insurance / mo$166.67$166.67
MI / mo$0.00$96.46
HOA / mo$200.00$200.00
Total monthly$4,090.03$4,051.13
Cash to close$14,140$53,590