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$729,850$683,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$3,649$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$4,936.11$4,729.65
2nd payment$0.00$0.00
Taxes / mo$632.50$632.50
Insurance / mo$216.67$216.67
MI / mo$0.00$136.62
HOA / mo$0.00$0.00
Total monthly$5,785.28$5,715.43
Cash to close$29,150$75,900