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$781,652$724,410
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$3,908$0
Note rate7.030%7.400%
Blended rate7.030%7.640%
1st payment$5,337.88$5,015.67
2nd payment$0.00$0.00
Taxes / mo$227.08$227.08
Insurance / mo$216.67$216.67
MI / mo$0.00$144.88
HOA / mo$20.00$20.00
Total monthly$5,801.63$5,624.30
Cash to close$23,248$80,490