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$579,282$423,000
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$2,896$0
Note rate5.230%7.400%
Blended rate5.230%7.640%
1st payment$3,410.48$2,928.77
2nd payment$0.00$0.00
Taxes / mo$538.67$538.67
Insurance / mo$166.67$166.67
MI / mo$0.00$84.60
HOA / mo$0.00$0.00
Total monthly$4,115.81$3,718.70
Cash to close$0$47,000