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$780,457$719,100
Remaining term (yrs)21.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.030%7.400%
Blended rate4.880%7.640%
1st payment$4,572.14$4,978.90
2nd payment$0.00$0.00
Taxes / mo$665.83$665.83
Insurance / mo$216.67$216.67
MI / mo$675.91$143.82
HOA / mo$695.00$695.00
Total monthly$6,825.54$6,700.22
Cash to close$18,543$79,900