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$789,752$706,500
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$3,949$0
Note rate6.960%7.400%
Blended rate6.960%7.640%
1st payment$5,316.12$4,891.66
2nd payment$0.00$0.00
Taxes / mo$449.58$449.58
Insurance / mo$216.67$216.67
MI / mo$0.00$141.30
HOA / mo$78.00$78.00
Total monthly$6,060.37$5,777.21
Cash to close$0$78,500