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$581,831$472,500
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$2,909$0
Note rate6.320%7.400%
Blended rate6.320%7.640%
1st payment$3,769.99$3,271.49
2nd payment$0.00$0.00
Taxes / mo$279.17$279.17
Insurance / mo$166.67$166.67
MI / mo$0.00$94.50
HOA / mo$33.33$33.33
Total monthly$4,249.16$3,845.16
Cash to close$0$52,500