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$861,532$767,700
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$4,308$0
Note rate7.040%7.400%
Blended rate7.040%7.640%
1st payment$5,844.92$5,315.40
2nd payment$0.00$0.00
Taxes / mo$249.92$249.92
Insurance / mo$216.67$216.67
MI / mo$0.00$153.54
HOA / mo$15.00$15.00
Total monthly$6,326.50$5,950.52
Cash to close$0$85,300