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$705,240$673,200
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$3,526$0
Note rate7.030%7.400%
Blended rate7.030%7.640%
1st payment$4,839.83$4,661.10
2nd payment$0.00$0.00
Taxes / mo$623.33$623.33
Insurance / mo$216.67$216.67
MI / mo$0.00$134.64
HOA / mo$0.00$0.00
Total monthly$5,679.83$5,635.74
Cash to close$42,760$74,800