Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

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$688,943$675,000
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$3,445$0
Note rate6.85%7.18%
Blended rate6.85%7.42%
1st payment$4,570.43$4,572.69
2nd payment$0.00$0.00
Taxes / mo$386.50$386.50
Insurance / mo$216.67$216.67
MI / mo$0.00$135.00
HOA / mo$0.00$0.00
Total monthly$5,173.60$5,310.85
Cash to close$61,057$75,000