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$951,841$719,991
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$4,759$0
Note rate6.620%7.400%
Blended rate6.620%7.640%
1st payment$6,188.73$4,985.07
2nd payment$0.00$0.00
Taxes / mo$666.66$666.66
Insurance / mo$216.67$216.67
MI / mo$0.00$144.00
HOA / mo$90.00$90.00
Total monthly$7,162.05$6,102.40
Cash to close$0$79,999