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$664,647$615,596
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$3,323$0
Note rate6.82%7.18%
Blended rate6.82%7.42%
1st payment$4,474.82$4,170.26
2nd payment$0.00$0.00
Taxes / mo$178.58$178.58
Insurance / mo$166.67$166.67
MI / mo$0.00$123.12
HOA / mo$44.00$44.00
Total monthly$4,864.07$4,682.63
Cash to close$19,348$68,400