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$990,920$899,100
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$4,955$0
Note rate6.940%7.400%
Blended rate6.940%7.640%
1st payment$6,708.37$6,225.19
2nd payment$0.00$0.00
Taxes / mo$1,065.42$1,065.42
Insurance / mo$216.67$216.67
MI / mo$0.00$179.82
HOA / mo$250.00$250.00
Total monthly$8,240.45$7,937.09
Cash to close$8,080$99,900