Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

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$745,889$719,100
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$3,729$0
Note rate6.780%7.400%
Blended rate6.780%7.640%
1st payment$4,986.80$4,978.90
2nd payment$0.00$0.00
Taxes / mo$665.83$665.83
Insurance / mo$216.67$216.67
MI / mo$0.00$143.82
HOA / mo$0.00$0.00
Total monthly$5,869.30$6,005.22
Cash to close$53,111$79,900