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$779,123$675,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$3,896$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$5,125.19$4,636.78
2nd payment$0.00$0.00
Taxes / mo$151.58$151.58
Insurance / mo$216.67$216.67
MI / mo$0.00$135.00
HOA / mo$377.00$377.00
Total monthly$5,870.44$5,517.03
Cash to close$0$75,000