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$815,029$684,000
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$4,075$0
Note rate6.870%7.400%
Blended rate6.870%7.640%
1st payment$5,432.76$4,735.88
2nd payment$0.00$0.00
Taxes / mo$289.25$289.25
Insurance / mo$216.67$216.67
MI / mo$0.00$136.80
HOA / mo$0.00$0.00
Total monthly$5,938.68$5,378.59
Cash to close$0$76,000