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$568,501$508,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,843$0
Note rate6.770%7.400%
Blended rate6.770%7.640%
1st payment$3,777.87$3,520.75
2nd payment$0.00$0.00
Taxes / mo$351.08$351.08
Insurance / mo$166.67$166.67
MI / mo$0.00$101.70
HOA / mo$0.00$0.00
Total monthly$4,295.62$4,140.20
Cash to close$0$56,500