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$510,966$458,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,555$0
Note rate6.560%7.400%
Blended rate6.560%7.640%
1st payment$3,322.39$3,177.40
2nd payment$0.00$0.00
Taxes / mo$469.58$469.58
Insurance / mo$166.67$166.67
MI / mo$0.00$91.78
HOA / mo$91.67$91.67
Total monthly$4,050.31$3,997.10
Cash to close$0$50,990