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$1,589,713$1,485,000
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$7,949$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$10,690.46$10,281.84
2nd payment$0.00$0.00
Taxes / mo$1,207.08$1,207.08
Insurance / mo$216.67$216.67
MI / mo$0.00$297.00
HOA / mo$13.75$13.75
Total monthly$12,127.96$12,016.34
Cash to close$60,287$165,000