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$733,932$661,410
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$3,670$0
Note rate6.640%7.400%
Blended rate6.640%7.640%
1st payment$4,840.27$4,579.47
2nd payment$0.00$0.00
Taxes / mo$612.42$612.42
Insurance / mo$216.67$216.67
MI / mo$0.00$132.28
HOA / mo$220.00$220.00
Total monthly$5,889.35$5,760.83
Cash to close$968$73,490