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$730,679$688,500
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$3,653$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$4,951.37$4,767.03
2nd payment$0.00$0.00
Taxes / mo$299.56$299.56
Insurance / mo$216.67$216.67
MI / mo$0.00$137.70
HOA / mo$8.33$8.33
Total monthly$5,475.92$5,429.29
Cash to close$34,321$76,500