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$505,748$467,100
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$2,529$0
Note rate6.900%7.400%
Blended rate6.900%7.640%
1st payment$3,479.78$3,234.11
2nd payment$0.00$0.00
Taxes / mo$131.67$131.67
Insurance / mo$166.67$166.67
MI / mo$0.00$93.42
HOA / mo$78.00$78.00
Total monthly$3,856.11$3,703.86
Cash to close$13,252$51,900