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$893,548$719,999
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$4,468$0
Note rate6.660%7.400%
Blended rate6.660%7.640%
1st payment$5,867.96$4,985.13
2nd payment$0.00$0.00
Taxes / mo$666.67$666.67
Insurance / mo$216.67$216.67
MI / mo$0.00$144.00
HOA / mo$0.00$0.00
Total monthly$6,751.29$6,012.46
Cash to close$0$80,000