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$730,424$602,100
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$3,652$0
Note rate6.27%7.24%
Blended rate6.27%7.48%
1st payment$4,550.89$4,103.30
2nd payment$0.00$0.00
Taxes / mo$744.92$744.92
Insurance / mo$166.67$166.67
MI / mo$0.00$120.42
HOA / mo$0.00$0.00
Total monthly$5,462.48$5,135.30
Cash to close$0$66,900