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$757,408$647,999
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$3,787$0
Note rate6.350%7.400%
Blended rate6.350%7.640%
1st payment$4,822.33$4,486.61
2nd payment$0.00$0.00
Taxes / mo$600.00$600.00
Insurance / mo$216.67$216.67
MI / mo$0.00$129.60
HOA / mo$0.00$0.00
Total monthly$5,638.99$5,432.88
Cash to close$0$72,000