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$766,677$710,910
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$3,833$0
Note rate6.960%7.400%
Blended rate6.960%7.640%
1st payment$5,160.80$4,922.20
2nd payment$0.00$0.00
Taxes / mo$664.25$664.25
Insurance / mo$216.67$216.67
MI / mo$0.00$142.18
HOA / mo$173.33$173.33
Total monthly$6,215.04$6,118.63
Cash to close$23,223$78,990