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$672,490$622,800
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$3,362$0
Note rate6.770%7.400%
Blended rate6.770%7.640%
1st payment$4,468.91$4,312.14
2nd payment$0.00$0.00
Taxes / mo$576.67$576.67
Insurance / mo$166.67$166.67
MI / mo$0.00$124.56
HOA / mo$280.00$280.00
Total monthly$5,492.24$5,460.03
Cash to close$19,510$69,200