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$742,092$719,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$3,710$0
Note rate6.460%7.320%
Blended rate6.460%7.560%
1st payment$4,777.28$4,939.72
2nd payment$0.00$0.00
Taxes / mo$665.83$665.83
Insurance / mo$216.67$216.67
MI / mo$0.00$143.82
HOA / mo$250.00$250.00
Total monthly$5,909.78$6,216.04
Cash to close$56,908$79,900