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$729,330$567,000
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$3,647$0
Note rate6.490%7.320%
Blended rate6.490%7.560%
1st payment$4,719.16$3,894.90
2nd payment$0.00$0.00
Taxes / mo$391.58$391.58
Insurance / mo$166.67$166.67
MI / mo$0.00$113.40
HOA / mo$180.00$180.00
Total monthly$5,457.41$4,746.55
Cash to close$0$63,000