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$601,284$566,550
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$3,006$0
Note rate7.06%7.18%
Blended rate7.06%7.42%
1st payment$4,122.01$3,838.01
2nd payment$0.00$0.00
Taxes / mo$273.50$273.50
Insurance / mo$166.67$166.67
MI / mo$0.00$113.31
HOA / mo$256.00$256.00
Total monthly$4,818.18$4,647.48
Cash to close$28,216$62,950