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$716,648$629,100
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$3,583$0
Note rate6.490%7.400%
Blended rate6.490%7.640%
1st payment$4,617.75$4,355.76
2nd payment$0.00$0.00
Taxes / mo$582.50$582.50
Insurance / mo$166.67$166.67
MI / mo$0.00$125.82
HOA / mo$0.00$0.00
Total monthly$5,366.91$5,230.75
Cash to close$0$69,900