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$546,559,872$562,455
Remaining term (yrs)18.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.080%7.400%
Blended rate3.930%7.640%
1st payment$3,276,779.90$3,894.32
2nd payment$0.00$0.00
Taxes / mo$520.79$520.79
Insurance / mo$166.67$166.67
MI / mo$544,936.42$112.49
HOA / mo$45.00$45.00
Total monthly$3,822,448.77$4,739.27
Cash to close$0$62,495