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$517,073$441,000
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$2,585$0
Note rate6.730%7.320%
Blended rate6.730%7.560%
1st payment$3,422.63$3,029.36
2nd payment$0.00$0.00
Taxes / mo$246.08$246.08
Insurance / mo$166.67$166.67
MI / mo$0.00$88.20
HOA / mo$74.67$74.67
Total monthly$3,910.05$3,604.98
Cash to close$0$49,000