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$854,578$719,100
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$4,273$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$5,484.14$4,939.72
2nd payment$0.00$0.00
Taxes / mo$665.83$665.83
Insurance / mo$216.67$216.67
MI / mo$0.00$143.82
HOA / mo$0.00$0.00
Total monthly$6,366.64$5,966.04
Cash to close$0$79,900