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$782,698$675,000
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$3,913$0
Note rate6.340%7.400%
Blended rate6.340%7.640%
1st payment$4,912.02$4,673.56
2nd payment$0.00$0.00
Taxes / mo$987.08$987.08
Insurance / mo$216.67$216.67
MI / mo$0.00$135.00
HOA / mo$145.00$145.00
Total monthly$6,260.77$6,157.31
Cash to close$0$75,000