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$723,032$3,150
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$3,615$0
Note rate6.770%7.400%
Blended rate6.770%7.640%
1st payment$4,804.78$21.81
2nd payment$0.00$0.00
Taxes / mo$2.92$2.92
Insurance / mo$150.00$150.00
MI / mo$0.00$0.63
HOA / mo$260.00$260.00
Total monthly$5,217.69$435.36
Cash to close$0$350