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$1,244,071$1,152,000
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$6,220$0
Note rate6.96%7.18%
Blended rate6.96%7.42%
1st payment$8,382.12$7,804.05
2nd payment$0.00$0.00
Taxes / mo$232.92$232.92
Insurance / mo$216.67$216.67
MI / mo$0.00$230.40
HOA / mo$0.00$0.00
Total monthly$8,831.70$8,484.03
Cash to close$35,929$128,000