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$708,620$584,910
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$3,543$0
Note rate6.340%7.320%
Blended rate6.340%7.560%
1st payment$4,451.54$4,017.93
2nd payment$0.00$0.00
Taxes / mo$364.17$364.17
Insurance / mo$166.67$166.67
MI / mo$0.00$116.98
HOA / mo$58.00$58.00
Total monthly$5,040.38$4,723.74
Cash to close$0$64,990