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$729,850$647,100
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$3,649$0
Note rate6.950%7.240%
Blended rate6.950%7.480%
1st payment$4,936.11$4,409.97
2nd payment$0.00$0.00
Taxes / mo$599.17$599.17
Insurance / mo$216.67$216.67
MI / mo$0.00$129.42
HOA / mo$0.00$0.00
Total monthly$5,751.95$5,355.23
Cash to close$0$71,900