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$762,113$701,910
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$3,811$0
Note rate7.220%7.400%
Blended rate7.220%7.640%
1st payment$5,305.11$4,859.88
2nd payment$0.00$0.00
Taxes / mo$371.00$371.00
Insurance / mo$216.67$216.67
MI / mo$0.00$140.38
HOA / mo$11.33$11.33
Total monthly$5,904.11$5,599.26
Cash to close$17,787$77,990