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 · FHA
Current Market Conventional
New · Conventional
Loan amount$386,362$269,910
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.340%7.400%
Blended rate6.890%7.640%
1st payment$2,502.32$1,868.80
2nd payment$0.00$0.00
Taxes / mo$279.83$279.83
Insurance / mo$150.00$150.00
MI / mo$184.51$53.98
HOA / mo$330.00$330.00
Total monthly$3,446.67$2,682.62
Cash to close$0$29,990