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$828,829$755,999
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$4,144$0
Note rate6.660%7.400%
Blended rate6.660%7.640%
1st payment$5,448.48$5,234.39
2nd payment$0.00$0.00
Taxes / mo$700.00$700.00
Insurance / mo$216.67$216.67
MI / mo$0.00$151.20
HOA / mo$54.17$54.17
Total monthly$6,419.32$6,356.42
Cash to close$11,170$84,000