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$729,330$576,000
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$3,647$0
Note rate6.490%7.400%
Blended rate6.490%7.640%
1st payment$4,719.16$3,988.11
2nd payment$0.00$0.00
Taxes / mo$391.58$391.58
Insurance / mo$166.67$166.67
MI / mo$0.00$115.20
HOA / mo$180.00$180.00
Total monthly$5,457.41$4,841.56
Cash to close$0$64,000