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$711,774$652,500
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$3,559$0
Note rate6.930%7.400%
Blended rate6.930%7.640%
1st payment$4,786.10$4,517.78
2nd payment$0.00$0.00
Taxes / mo$544.83$544.83
Insurance / mo$216.67$216.67
MI / mo$0.00$130.50
HOA / mo$95.00$95.00
Total monthly$5,642.60$5,504.78
Cash to close$13,226$72,500