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$733,363$623,250
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$3,667$0
Note rate6.780%7.400%
Blended rate6.780%7.640%
1st payment$4,903.05$4,315.26
2nd payment$0.00$0.00
Taxes / mo$577.08$577.08
Insurance / mo$166.67$166.67
MI / mo$0.00$124.65
HOA / mo$0.00$0.00
Total monthly$5,646.80$5,183.66
Cash to close$0$69,250