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$846,195$746,100
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$4,231$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$5,435.79$5,165.85
2nd payment$0.00$0.00
Taxes / mo$333.00$333.00
Insurance / mo$216.67$216.67
MI / mo$0.00$149.22
HOA / mo$50.00$50.00
Total monthly$6,035.45$5,914.73
Cash to close$0$82,900