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$822,208$736,200
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$4,111$0
Note rate7.240%7.400%
Blended rate7.240%7.640%
1st payment$5,761.78$5,097.30
2nd payment$0.00$0.00
Taxes / mo$681.67$681.67
Insurance / mo$216.67$216.67
MI / mo$0.00$147.24
HOA / mo$0.00$0.00
Total monthly$6,660.11$6,142.87
Cash to close$0$81,800