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$1,294,890$1,169,910
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$6,474$0
Note rate6.770%7.320%
Blended rate6.770%7.560%
1st payment$8,514.06$8,036.47
2nd payment$0.00$0.00
Taxes / mo$80.67$80.67
Insurance / mo$216.67$216.67
MI / mo$0.00$233.98
HOA / mo$331.67$331.67
Total monthly$9,143.06$8,899.46
Cash to close$5,010$129,990