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$719,450$652,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$3,597$0
Note rate6.730%7.400%
Blended rate6.730%7.640%
1st payment$4,757.43$4,517.78
2nd payment$0.00$0.00
Taxes / mo$604.17$604.17
Insurance / mo$216.67$216.67
MI / mo$0.00$130.50
HOA / mo$0.00$0.00
Total monthly$5,578.26$5,469.11
Cash to close$5,550$72,500