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$537,017$442,800
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$2,685$0
Note rate6.650%7.400%
Blended rate6.650%7.640%
1st payment$3,498.71$3,065.86
2nd payment$0.00$0.00
Taxes / mo$307.58$307.58
Insurance / mo$166.67$166.67
MI / mo$0.00$88.56
HOA / mo$56.00$56.00
Total monthly$4,028.96$3,684.67
Cash to close$0$49,200