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$624,186$539,999
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$3,121$0
Note rate6.710%7.240%
Blended rate6.710%7.480%
1st payment$4,180.53$3,680.08
2nd payment$0.00$0.00
Taxes / mo$500.00$500.00
Insurance / mo$166.67$166.67
MI / mo$0.00$108.00
HOA / mo$0.00$0.00
Total monthly$4,847.20$4,454.75
Cash to close$0$60,000