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$726,916$674,910
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$3,635$0
Note rate6.88%7.18%
Blended rate6.88%7.42%
1st payment$4,922.41$4,572.08
2nd payment$0.00$0.00
Taxes / mo$113.17$113.17
Insurance / mo$216.67$216.67
MI / mo$0.00$134.98
HOA / mo$0.00$0.00
Total monthly$5,252.24$5,036.89
Cash to close$22,984$74,990