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$733,353$692,550
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$3,667$0
Note rate7.240%7.400%
Blended rate7.240%7.640%
1st payment$5,139.11$4,795.08
2nd payment$0.00$0.00
Taxes / mo$118.92$118.92
Insurance / mo$216.67$216.67
MI / mo$0.00$138.51
HOA / mo$0.00$0.00
Total monthly$5,474.69$5,269.17
Cash to close$36,147$76,950