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$934,797$845,820
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$4,674$0
Note rate6.580%7.320%
Blended rate6.580%7.560%
1st payment$6,018.39$5,810.20
2nd payment$0.00$0.00
Taxes / mo$426.19$426.19
Insurance / mo$216.67$216.67
MI / mo$0.00$169.16
HOA / mo$61.00$61.00
Total monthly$6,722.25$6,683.22
Cash to close$5,003$93,980