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$746,064$670,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$3,730$0
Note rate6.920%7.320%
Blended rate6.920%7.560%
1st payment$5,035.99$4,605.87
2nd payment$0.00$0.00
Taxes / mo$620.83$620.83
Insurance / mo$216.67$216.67
MI / mo$0.00$134.10
HOA / mo$0.00$0.00
Total monthly$5,873.49$5,577.47
Cash to close$0$74,500