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$743,795$670,500
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$3,719$0
Note rate6.74%7.24%
Blended rate6.74%7.48%
1st payment$4,875.86$4,569.45
2nd payment$0.00$0.00
Taxes / mo$501.25$501.25
Insurance / mo$216.67$216.67
MI / mo$0.00$134.10
HOA / mo$52.00$52.00
Total monthly$5,645.78$5,473.46
Cash to close$1,205$74,500