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$689,857$630,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$3,449$0
Note rate6.79%7.24%
Blended rate6.79%7.48%
1st payment$4,584.23$4,293.44
2nd payment$0.00$0.00
Taxes / mo$331.00$331.00
Insurance / mo$166.67$166.67
MI / mo$0.00$126.00
HOA / mo$2.75$2.75
Total monthly$5,084.64$4,919.85
Cash to close$10,143$70,000