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$679,298$349,999
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$3,396$0
Note rate6.74%7.24%
Blended rate6.74%7.48%
1st payment$4,453.06$2,385.24
2nd payment$0.00$0.00
Taxes / mo$306.00$306.00
Insurance / mo$150.00$150.00
MI / mo$0.00$70.00
HOA / mo$0.00$0.00
Total monthly$4,909.06$2,911.24
Cash to close$0$38,889