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$697,854$584,910
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$3,489$0
Note rate5.840%7.400%
Blended rate5.840%7.640%
1st payment$4,312.79$4,049.80
2nd payment$0.00$0.00
Taxes / mo$804.11$804.11
Insurance / mo$166.67$166.67
MI / mo$0.00$116.98
HOA / mo$205.00$205.00
Total monthly$5,488.57$5,342.55
Cash to close$0$64,990