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$515,689$476,910
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$2,578$0
Note rate6.540%7.400%
Blended rate6.540%7.640%
1st payment$3,409.36$3,302.03
2nd payment$0.00$0.00
Taxes / mo$484.08$484.08
Insurance / mo$166.67$166.67
MI / mo$0.00$95.38
HOA / mo$0.00$0.00
Total monthly$4,060.11$4,048.16
Cash to close$14,211$52,990