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$695,151$539,910
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$3,476$0
Note rate6.430%7.400%
Blended rate6.430%7.640%
1st payment$4,541.87$3,738.23
2nd payment$0.00$0.00
Taxes / mo$507.92$507.92
Insurance / mo$166.67$166.67
MI / mo$0.00$107.98
HOA / mo$50.00$50.00
Total monthly$5,266.45$4,570.79
Cash to close$0$59,990