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$570,922$516,600
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$2,855$0
Note rate6.870%7.400%
Blended rate6.870%7.640%
1st payment$3,846.58$3,576.83
2nd payment$0.00$0.00
Taxes / mo$483.34$483.34
Insurance / mo$166.67$166.67
MI / mo$0.00$103.32
HOA / mo$0.00$0.00
Total monthly$4,496.59$4,330.16
Cash to close$3,078$57,400