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$215,166$224,910
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.660%7.400%
Blended rate7.510%7.640%
1st payment$1,447.34$1,557.23
2nd payment$0.00$0.00
Taxes / mo$262.33$262.33
Insurance / mo$150.00$150.00
MI / mo$159.53$44.98
HOA / mo$350.00$350.00
Total monthly$2,369.21$2,364.55
Cash to close$34,734$24,990