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$914,673$809,999
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$4,573$0
Note rate6.780%7.400%
Blended rate6.780%7.640%
1st payment$6,160.67$5,608.27
2nd payment$0.00$0.00
Taxes / mo$750.00$750.00
Insurance / mo$216.67$216.67
MI / mo$0.00$162.00
HOA / mo$0.00$0.00
Total monthly$7,127.33$6,736.94
Cash to close$0$90,000