Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

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$773,872$719,999
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$3,869$0
Note rate6.350%7.320%
Blended rate6.350%7.560%
1st payment$4,927.15$4,945.89
2nd payment$0.00$0.00
Taxes / mo$569.08$569.08
Insurance / mo$216.67$216.67
MI / mo$0.00$144.00
HOA / mo$59.00$59.00
Total monthly$5,771.90$5,934.64
Cash to close$26,127$80,000