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$820,429$742,500
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$4,102$0
Note rate6.89%7.18%
Blended rate6.89%7.42%
1st payment$5,484.72$5,029.95
2nd payment$0.00$0.00
Taxes / mo$179.75$179.75
Insurance / mo$216.67$216.67
MI / mo$0.00$148.50
HOA / mo$395.00$395.00
Total monthly$6,276.14$5,969.87
Cash to close$4,571$82,500