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$802,861$742,500
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$4,014$0
Note rate6.690%7.400%
Blended rate6.690%7.640%
1st payment$5,326.43$5,140.92
2nd payment$0.00$0.00
Taxes / mo$346.58$346.58
Insurance / mo$216.67$216.67
MI / mo$0.00$148.50
HOA / mo$0.00$0.00
Total monthly$5,889.68$5,852.67
Cash to close$22,139$82,500