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$1,001,790$899,999
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$5,009$0
Note rate6.880%7.400%
Blended rate6.880%7.640%
1st payment$6,769.81$6,231.41
2nd payment$0.00$0.00
Taxes / mo$484.67$484.67
Insurance / mo$216.67$216.67
MI / mo$0.00$180.00
HOA / mo$0.00$0.00
Total monthly$7,471.14$7,112.75
Cash to close$0$100,000