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$805,397$764,910
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$4,027$0
Note rate7.03%7.18%
Blended rate7.03%7.42%
1st payment$5,505.38$5,181.77
2nd payment$0.00$0.00
Taxes / mo$763.42$763.42
Insurance / mo$216.67$216.67
MI / mo$0.00$152.98
HOA / mo$0.00$0.00
Total monthly$6,485.46$6,314.83
Cash to close$44,503$84,990