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$718,280$670,399
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$3,591$0
Note rate6.770%7.320%
Blended rate6.770%7.560%
1st payment$4,777.99$4,605.18
2nd payment$0.00$0.00
Taxes / mo$620.74$620.74
Insurance / mo$216.67$216.67
MI / mo$0.00$134.08
HOA / mo$606.00$606.00
Total monthly$6,221.40$6,182.66
Cash to close$26,608$74,489