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$802,857$736,200
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$4,014$0
Note rate6.54%7.24%
Blended rate6.54%7.48%
1st payment$5,204.55$5,017.19
2nd payment$0.00$0.00
Taxes / mo$773.08$773.08
Insurance / mo$216.67$216.67
MI / mo$0.00$147.24
HOA / mo$0.00$0.00
Total monthly$6,194.30$6,154.18
Cash to close$15,143$81,800