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$769,003$674,100
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$3,845$0
Note rate6.810%7.400%
Blended rate6.810%7.640%
1st payment$5,090.79$4,667.33
2nd payment$0.00$0.00
Taxes / mo$624.17$624.17
Insurance / mo$216.67$216.67
MI / mo$0.00$134.82
HOA / mo$0.00$0.00
Total monthly$5,931.62$5,642.99
Cash to close$0$74,900