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$731,313$539,999
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$3,657$0
Note rate6.120%7.400%
Blended rate6.120%7.640%
1st payment$4,670.34$3,738.84
2nd payment$0.00$0.00
Taxes / mo$500.00$500.00
Insurance / mo$166.67$166.67
MI / mo$0.00$108.00
HOA / mo$290.00$290.00
Total monthly$5,627.01$4,803.51
Cash to close$0$60,000