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$788,282$697,491
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$3,941$0
Note rate6.650%7.400%
Blended rate6.650%7.640%
1st payment$5,135.72$4,829.29
2nd payment$0.00$0.00
Taxes / mo$645.83$645.83
Insurance / mo$216.67$216.67
MI / mo$0.00$139.50
HOA / mo$0.00$0.00
Total monthly$5,998.21$5,831.28
Cash to close$0$77,499