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$739,436$665,999
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$3,697$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$4,731.18$4,574.95
2nd payment$0.00$0.00
Taxes / mo$616.67$616.67
Insurance / mo$216.67$216.67
MI / mo$0.00$133.20
HOA / mo$406.00$406.00
Total monthly$5,970.51$5,947.48
Cash to close$563$74,000