Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

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$768,552$737,910
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$3,843$0
Note rate6.320%7.400%
Blended rate6.320%7.640%
1st payment$4,973.86$5,109.14
2nd payment$0.00$0.00
Taxes / mo$432.04$432.04
Insurance / mo$216.67$216.67
MI / mo$0.00$147.58
HOA / mo$66.67$66.67
Total monthly$5,689.24$5,972.10
Cash to close$51,348$81,990