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$771,637$575,100
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$3,858$0
Note rate7.080%7.400%
Blended rate7.080%7.640%
1st payment$5,399.01$3,981.88
2nd payment$0.00$0.00
Taxes / mo$791.67$791.67
Insurance / mo$166.67$166.67
MI / mo$0.00$115.02
HOA / mo$45.00$45.00
Total monthly$6,402.34$5,100.23
Cash to close$0$63,900