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$382,937$382,500
Remaining term (yrs)22.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.110%7.400%
Blended rate6.660%7.640%
1st payment$2,635.97$2,648.35
2nd payment$0.00$0.00
Taxes / mo$168.83$168.83
Insurance / mo$150.00$150.00
MI / mo$185.57$76.50
HOA / mo$153.00$153.00
Total monthly$3,293.37$3,196.69
Cash to close$42,063$42,500