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$794,760$688,500
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$3,974$0
Note rate6.470%7.400%
Blended rate6.470%7.640%
1st payment$5,200.83$4,767.03
2nd payment$0.00$0.00
Taxes / mo$637.50$637.50
Insurance / mo$216.67$216.67
MI / mo$0.00$137.70
HOA / mo$382.00$382.00
Total monthly$6,436.99$6,140.90
Cash to close$0$76,500