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$733,784$584,999
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$3,669$0
Note rate6.870%7.400%
Blended rate6.870%7.640%
1st payment$4,929.06$4,050.42
2nd payment$0.00$0.00
Taxes / mo$541.67$541.67
Insurance / mo$166.67$166.67
MI / mo$0.00$117.00
HOA / mo$0.00$0.00
Total monthly$5,637.39$4,875.75
Cash to close$0$65,000