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$764,984$719,999
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$3,825$0
Note rate4.620%7.400%
Blended rate4.620%7.640%
1st payment$3,977.64$4,985.13
2nd payment$0.00$0.00
Taxes / mo$666.67$666.67
Insurance / mo$216.67$216.67
MI / mo$0.00$144.00
HOA / mo$107.00$107.00
Total monthly$4,967.97$6,119.46
Cash to close$35,015$80,000