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$949,671$809,100
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$4,748$0
Note rate6.300%7.400%
Blended rate6.300%7.640%
1st payment$5,941.26$5,602.04
2nd payment$0.00$0.00
Taxes / mo$998.42$998.42
Insurance / mo$216.67$216.67
MI / mo$0.00$161.82
HOA / mo$52.33$52.33
Total monthly$7,208.67$7,031.28
Cash to close$0$89,900