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$802,663$688,410
Remaining term (yrs)29.530.0
Secondary amount$0$0
Funding fee$4,013$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$5,091.94$4,766.41
2nd payment$0.00$0.00
Taxes / mo$637.42$637.42
Insurance / mo$216.67$216.67
MI / mo$0.00$137.68
HOA / mo$0.00$0.00
Total monthly$5,946.02$5,758.18
Cash to close$0$76,490