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$747,547$629,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$3,738$0
Note rate6.460%7.320%
Blended rate6.460%7.560%
1st payment$4,812.40$4,327.04
2nd payment$0.00$0.00
Taxes / mo$932.83$932.83
Insurance / mo$166.67$166.67
MI / mo$0.00$125.98
HOA / mo$130.00$130.00
Total monthly$6,041.90$5,682.53
Cash to close$0$69,990