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$590,206$539,100
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$2,951$0
Note rate6.840%7.400%
Blended rate6.840%7.640%
1st payment$3,907.91$3,732.62
2nd payment$0.00$0.00
Taxes / mo$754.33$754.33
Insurance / mo$166.67$166.67
MI / mo$0.00$107.82
HOA / mo$0.00$0.00
Total monthly$4,828.91$4,761.44
Cash to close$8,794$59,900