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$2,047,714$1,699,999
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$10,239$0
Note rate6.730%7.240%
Blended rate6.730%7.480%
1st payment$13,554.30$11,585.46
2nd payment$0.00$0.00
Taxes / mo$1,574.07$1,574.07
Insurance / mo$216.67$216.67
MI / mo$0.00$340.00
HOA / mo$150.00$150.00
Total monthly$15,495.04$13,866.20
Cash to close$0$188,889