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$727,968$513,000
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$3,640$0
Note rate6.640%7.320%
Blended rate6.640%7.560%
1st payment$4,738.01$3,523.95
2nd payment$0.00$0.00
Taxes / mo$436.33$436.33
Insurance / mo$166.67$166.67
MI / mo$0.00$102.60
HOA / mo$63.00$63.00
Total monthly$5,404.01$4,292.55
Cash to close$0$57,000