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$761,252$699,300
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$3,806$0
Note rate6.840%7.400%
Blended rate6.840%7.640%
1st payment$5,073.74$4,841.81
2nd payment$0.00$0.00
Taxes / mo$441.67$441.67
Insurance / mo$216.67$216.67
MI / mo$0.00$139.86
HOA / mo$0.00$0.00
Total monthly$5,732.07$5,640.01
Cash to close$15,748$77,700