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$419,255$395,910
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.510%7.400%
Blended rate6.360%7.640%
1st payment$2,534.90$2,741.20
2nd payment$0.00$0.00
Taxes / mo$505.58$505.58
Insurance / mo$150.00$150.00
MI / mo$315.89$79.18
HOA / mo$65.00$65.00
Total monthly$3,571.38$3,540.97
Cash to close$20,645$43,990