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$798,905$697,500
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$3,995$0
Note rate6.91%7.24%
Blended rate6.91%7.48%
1st payment$5,448.20$4,753.45
2nd payment$0.00$0.00
Taxes / mo$905.42$905.42
Insurance / mo$216.67$216.67
MI / mo$0.00$139.50
HOA / mo$110.00$110.00
Total monthly$6,680.28$6,125.03
Cash to close$0$77,500