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$696,676$629,991
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$3,483$0
Note rate6.820%7.320%
Blended rate6.820%7.560%
1st payment$4,671.12$4,327.60
2nd payment$0.00$0.00
Taxes / mo$583.33$583.33
Insurance / mo$166.67$166.67
MI / mo$0.00$126.00
HOA / mo$278.00$278.00
Total monthly$5,699.11$5,481.59
Cash to close$3,314$69,999